Quotes of the Day

hedge funds government officials announced that 80,000 U.S. jobs were slashed last month
Friday, Apr. 04, 2008

Open quoteThere are a lot of dead carcasses on the road, and the vultures are out sniffing. This is the cycle of Wall Street. When bubbles crash, you get the value guys who come in and say, 'This thing is cheap.' Close quote

  • ANDY KESSLER
  • a former hedge fund manager, after 80,000 jobs were cut in March
Photo: Henny Ray Abrams / AP | Source: AP