Friday, August 14, 2009

Quote of the day

"We view you as strong and having acted appropriately in difficult circumstances ... We'll make sure you continue that way ... We want to do something that when the public hears about it [the new government financing], your stock goes up." -- Ben Bernanke as quoted by Bank of America CEO Ken Lewis

Bonus quote:

“We’re very supportive of Bank of America and we want to be of help, but the government does not feel it’s in your best interest for you to call a [material adverse change clause].” -- Hank Paulson

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