Backporch

Walter Meck
"Very quickly it became clear that new regulations that were being placed on banks were crippling banks' ability to do business, and it didn't take long for that to rumble right down and hit us square in the face."

Third-generation owner of FesslerUSA in Orwigsburg, Pa., saying tightened credit standards doomed his 112-year-old apparel-making business

Chris Larsen
"The time has come for virtual currencies."

Entrepreneur who launched E-Loan and Prosper, discussing his latest venture, a peer-to-peer payment system called Ripple, which aims to improve on Bitcoin

Lou Cestello
"Orange just doesn't sell in Tuscaloosa."

PNC Financial Services Group's regional president for the Southeast, talking about the Pittsburgh company's decision to offer debit cards featuring an American flag after University of Alabama football fans grumbled that its orange and blue ones reminded them of archrival Auburn University

Lanny Breuer
"Our goal here is not to destroy a major financial institution."

Assistant attorney general for the criminal division of the U.S. Department of Justice, on entering a nonprosecution agreement with UBS in the Libor scandal

Kevin Perkins
"The scheme was nothing short of a shell game, a Wall Street version of three-card monte."

Associate deputy director of the FBI, on the Libor scandal

David Pijor
"There were days I wondered, 'Oh my gosh, what's going on with the world?'"

Chairman and CEO of First Virginia Community Bank, on how he second-guessed his timing in opening the bank in November 2007

Tom Brown
"The only positive in my eyes was that Sheila Bair didn't like him either, so he couldn't have been all bad."

Founder of New York hedge fund Second Curve Capital, in his good riddance to ousted Citigroup CEO Vikram Pandit

Rod Taylor
"It's like a stagecoach driver wanting someone riding shotgun with very good aim."

President of the executive recruiting firm Taylor & Co., on why CEOs prefer CFOs with skills beyond just accounting

Brian Moynihan
"You're going to have to give lots of warning to America and lots of warning to the markets to do this right."

Bank of America's president and CEO, saying an overhaul of the mortgage market that minimizes Fannie Mae and Freddie Mac could take a decade or two