William Sullivan Quotes

Liquidation, liquidation, and more liquidation, ... It's a steady drumbeat of selling across the curve.

- William Sullivan

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Liquidation | Steady | Drumbeat | Selling | Curve |

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The Fed has more or less backed away from this pre-emptive approach that they talked so much about in recent months. In fact, the Senate could say that Alan Greenspan & Co. caved in to the political criticism on Capitol Hill that we saw emanate over the last few weeks. - William Sullivan

The Fed is continuing to study credit tea leaves, and perhaps they sense there's more stresses out there and they want to be in front of that by providing liquidity and communicating their support to the marketplace. - William Sullivan