Quotes of the Day

The Fred Perry store in SoHo, in New York City on November 19, 2008.
Tuesday, Dec. 02, 2008

Open quoteThere's lots of gloom, but we don't see doom.Close quote

  • LAKSHMAN ACHUTHAN,
  • managing director of Economic Cycle Research Institute, saying the Dec. 1 announcement that the U.S. has been in a recession for the past year does not mean the country is heading for a depression
Photo: Rob Kim / Landov | Source: CNNMoney