Quotes of the Day

A banner announcing the closing of a Linens'N Things houseware store is seen at a mall on November 2, 2008 in Phoenix, Arizona
Monday, Nov. 03, 2008

Open quoteThere's absolutely going to be a lot of pain to go around. The big question is how apocalyptic it will be.Close quote

  • JOSH LERNER,
  • a professor of investment banking at Harvard Business School, on the credit squeeze
Photo: Mandel Ngan / AFP / Getty | Source: NEW YORK TIMES