Quotes of the Day

Capital One
Tuesday, Aug. 21, 2007

Open quoteI made the decision to wind down the business with a heavy heart. Close quote

  • RICHARD D. FAIRBANK
  • Capital One chairman and CEO, telling employees that the company will cut 1,900 jobs and shutter its wholesale mortgage unit as lenders struggle in the nation's housing and mortgage markets
Photo: Mark Wilson / Getty | Source: AP