Arkansas Business: Best Quotes of 2012

by Arkansas Business Staff  on Monday, Dec. 24, 2012 12:00 am  

— Jim Penick III on why fellow attorney John Everett punched him during a testy deposition

“I remember we went in and sat at folding Formica-topped tables. And they provided you lunch, but if you wanted a cup of coffee or Coke, you went over and put a dime — it was a dime then — in the vending machine. They didn’t pay for your soft drinks; they gave you a sandwich.”

— Warren Stephens on attending Wal-Mart Stores Inc. board of directors meetings with his father, Jack, in the 1970s

“I have come to learn there are two things one cannot change: Mother Nature and the rules of capitalism.”

— Jim Gaston, owner of Gaston’s White River Resort in Lake View

“You’ve got to understand, my folks have been battling here for over 150 years. Why do I stay? Who knows? It’s almost in my DNA not to go anywhere.”

— U.S. District Judge Brian Miller, on why he still lives in Helena-West Helena, four blocks from where his great-grandfather, a former slave named Abraham Miller, moved during the Civil War

“This concession falls a tad shy of an unalloyed concession; but it does indicate that the Government understands that its procedure was inappropriate.”

— U.S. District Judge Bill Wilson, in reconsidering his sanctions against federal prosecutors for unilateral manipulations in the case of former USA Drug executive Garret Sorensen

“I learned the game of hardball real fast.”

— Jonesboro developer Bruce Burrow on an unnamed bank that came after him for loans to various LLCs that he had personally guaranteed. Burrow filed for Chapter 11 bankruptcy protection in August and listed $17.27 million in debts against $14.1 million in assets.

“As I said to the deans the other day, this doesn’t mean that Brad’s a bad person. ... But you really can’t amass this kind of deficit and survive it.”

 

 

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