ALEXI GIANNOULIAS
"What is [at] the forefront on the minds of Illinois voters is what took place on Wall Street, and Washington, D.C."
— Illinois Democratic U.S. Senate candidate, deflecting concerns that the April failure of his family's Broadway Bank will hurt his electoral chances
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RICHARD APOSTOLIK
"The Volcker rule is an overreaction, and I think it would be a disaster for the U.S. banking system. You simply can't have U.S. banks being subject to what the Volcker rule proposes without the same rule in place globally or else U.S. banks become uncompetitive."
— President and CEO of the Global Association of Risk Professionals
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JOSEPH LAVORGNA
"Companies have a lot more capital, and they're going to deploy it for equipment and hiring rather than sit on it. It's quite possible the economy produces a recovery significantly stronger than people anticipate."
— Chief U.S. economist, Deutsche Bank Securities Inc.
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ROBERT G. WILMERS
"Unless we begin to make tough choices about the size, cost and purposes of government, the effects on our way of life are frightening to contemplate. And yet we seem unable to coalesce, in a bipartisan fashion, to make progress in addressing the key issues of our time."
— Chairman and CEO, M&T Bank, in his annual address to shareholders
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EUGENE LUDWIG
"It's sort of like blaming the sheep for the fact that there were wolves here."
— CEO of Promontory Financial, dismissing claims that the Community Reinvestment Act was a cause of the financial crisis
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JESS VARUGHESE
"We'd be trading beads and shark teeth by now."
— Managing partner of Milestone in New York, on what would have happened without government intervention in the financial crisis
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JAMES SIMPSON
"Companies are definitely afraid that if they just have a minor trip-up on a covenant, a bank is going to come in and reprice them dramatically or just say, 'I've had enough; go get another bank.'"
