'Get Over It' - Arkansas Business' Best Quotes of 2008

by Arkansas Business Staff  on Monday, Dec. 22, 2008 12:00 am  

"It didn't even involve his own tax returns. He got no money out of it."
Attorney Sam Perroni after his client, Little Rock tax attorney Barry Jewell, was convicted of tax evasion in U.S. District Court.

"Jennings' [Osborne] preference is that this matter be resolved in a private and confidential way."
Bud Whetstone, Osborne's attorney, in a 2007 letter to Little Rock financier Warren Stephens over the management of Osborne's former company, Arkansas Research Medical Testing LLC of Little Rock. In 2008, Whetstone filed a lawsuit – making the dispute public – and alleged the "gross mismanagement" of the company resulted in Osborne missing out on $6 million in deferred payment.

"I think more of these Arkansas community banks have money to lend. There's been a perception that, because the Wall Street banks are not lending, or at least not lending very well, that none of the banks are lending. But in fact, that's not the case."
Tim Yeager, an associate professor at the Sam M. Walton College of Business at the University of Arkansas at Fayetteville who specializes in the Arkansas banking industry.

"That's much more competitive up there. The Morning News [of Springdale] offers content for free, and it really hasn't hurt that much because it's a smaller market."
Walter E. Hussman Jr., publisher of the Arkansas Democrat-Gazette, on why his properties in northwest Arkansas offer free content online, though he vehemently opposes offering content for free online.

"We've had several people in our market letting people go because of a lack of sufficient business. I don't think we're done seeing that. There's not enough pie to go around, and there's too many title companies in northwest Arkansas."
Blake Hanby, president and CEO of Waco Title Co. of Lowell, on the real estate slowdown's effect on his market.

"I used to joke that we have been the mother sow for so many piglets out there. And there's no antagonism; most of them say they had great years at Cranford, and 'We got our own agency.' We say good luck and don't graze in our yard."
Jim Johnson, co-founder of CJRW, on the many agencies former CJRW staffers have started in Little Rock.

"We'll fight this till hell freezes over and we get a definitive answer on this."
–  Joe Whisenhunt on his legal fight to have utilities, not developers, pay to relocate lines and pipes in public rights of way.

"We think we're on track to achieve record quarterly earnings. But our stock price doesn't reflect that. There sometimes is a disconnect between the stock performance and earnings performance."
George Gleason, CEO of the Little Rock's Bank of the Ozarks Inc., on the vagaries of the stock market.



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