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07:22 September 12th, 2007

24 Hours in Quotes

Posted by: Chris Kaufman
Tags: Uncategorized

News Corp President Peter Chernin“I think Mark Zuckerberg is doing just fine. I don’t think he has any intention of selling it, IPO’ing it or anything else.” — News Corp.’s President Peter Chernin (pictured left), commenting on the chances of Facebook founder Mark Zuckerberg putting the social networking site up for sale.

“By the end of the quarter, it will be different.” — SunTrust Banks Inc. CFO Mark Chancy, as the bank announced an estimated write-down in the value of some mortgage-related assets for July-August. 
 
“We don’t think this is a very good time to buy community   banks. The prices — I don’t know what to say — are not rational.” — BB&T CEO John Allison. 
    
“Judging from the current situation, we think there is still a chance we can buy KEB and are preparing for the possibility.” – Kim Ki-hong, Kookmin’s chief vice president, underlining persistent doubt about whether HSBC will be able to win necessary approvals from Korean regulators.

Picture: Reuters file

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