Quid Quotes
WorldCom's decision to retire the notes reflects the company's strong liquidity position and positive free cash flow... The repayment of these notes is consistent with our stated objective of reducing overall debt.
- Scott Sullivan
Without direct financial intervention by the federal government we could soon see the financial liquidation of the airline industry... That is a very serious problem. Aviation represents 10 percent of our gross domestic product. That's $700 billion dollars of a $7 trillion economy and the underpinning of mobility on which our whole economy depends.
- James Oberstar
With liquidity still strong, some valuation headroom remaining in our composite valuation indicator, and growth almost everywhere around the world stable to strong, it is hard to see why equity markets would not rise in the first part of 2006. We expect the positive equity market environment to run through into the first half of next year.
- Teun Draaisma
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