"A liquidation would be a real disservice. Even if they liquidate, they are going to have to clear up many commitments to members. To keep it going and by eliminating overlap, I would think the credit union industry would be well served through the merging of the organizations."–George Frerich, chairman/CEO of The Frerichs Group, a merger consultation firm, on the proposed merger of Space Coast Credit Union and Eastern Financial Credit Union.
"We cannot go back to an economy that is built on a pile of sand–on inflated home prices and maxed-out credit cards, on over-leveraged banks and outdated regulations that allow the recklessness of a few to threaten the prosperity of us all."-President Obama during last week's news conference.
"Many lawyers spent many hours reviewing this presentation and writing the legal disclaimers that you see filling the screen behind me. Let me boil what they say down for you: you can't have a copy."–Wayne Best, chief economist for Visa USA, explaining to credit union card executives attending Card Services For Credit Unions' 20th anniversary annual meeting why they would not be allowed to take a copy of his presentation home with them.
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