Home Banking & FinanceFinancial quotes of the month

Financial quotes of the month

by Executive Editors

“How can we grant bills of health from these [government run] labs when rats are running everywhere?” Mohammad Choucair, head of the Beirut Chambers of Commerce “The country will manage well, even if we don’t sell a single barrel of oil for two or three years.” Mahmoud Ahmadinejad, Iranian President “In Silicon Valley, there’s still too much money chasing too few ideas. If your idea is brilliant and your timing is right, you can become a multimillionaire overnight.” Paul Saffo, Silicon Valley forecaster on Facebook’s $1 billion acquisition of popular photo application Instagram “Spain is not going to be rescued; it’s not possible to rescue Spain, there’s no intention to, it’s not necessary and therefore it’s not going to be rescued.” Mariano Rajoy,Spanish Prime Minister “God willing, we will take the loan before a president for Egypt is in place.” Mumtaz al-Saeed, Egyptian Finance Minister, on the proposed $3.2 billion

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