Backporch

Scott Smith
"I compare it to someone who always wanted to be a general and, once promoted, was sent immediately to the Russian front."

Former CEO of Fulton Financial Corp., on starting the job shortly before the housing crisis began

Garth Graham
"There's yet another industry acronym in the works. And this one may make you want to vomit."

Partner with STRATMOR Group, on the Federal Reserve's referring to the spread between the primary and secondary mortgage markets as Originator Profit and Unmeasured Costs, or OPUC, which he suggests might be pronounced as O-Puke

Bob Benmosche
"It is not acceptable socially for AIG to have taken this money and to think we can go back and sue the government."

CEO of American International Group, on deciding not to join its former CEO in a lawsuit over the terms of the company's $182 billion rescue

Ron Wheeling
"The government is putting us out of business."

CEO of Shelter Financial Bank, explaining that parent company Shelter Insurance closed the bank because the Dodd-Frank Act added $1 million in annual regulatory expenses

Michael DeVitto
"We originally thought that these contactless cards, distributed by banks, would be widely distributed and in wide use today. That's not the case."

Executive vice president in charge of fare collection for New York City Transit, on why the Metropolitan Transportation Authority cannot phase out MetroCards by 2015 as it had planned

Tim Geithner
"Um, no."

Former Treasury secretary, on whether he'd ever be willing to serve again

Paul Tucker
"The question that's been put to me by many of the leaders of the big firms is 'But you really would cooperate, wouldn't you?'"

Deputy governor of the Bank of England, complaining to his U.S. counterparts after they told banks to prepare living wills that assume regulators in different countries won't cooperate with each other in a crisis

Scott Gerber
"Crowdfunding will change small business lending and equity investment worldwide."

Founder of the Young Entrepreneur Council and an advocate for the JOBS Act