Arkansas Business: Best Quotes of 2012

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

— Jefferson Circuit (Ky.) Judge Audra Eckerle in a February ruling that prompted Razorbacks football coach John L. Smith to file for Chapter 7 bankruptcy protection on $40.7 million in debts against $1.3 million in assets

“We really believe to achieve the societal goals of better health care and lower costs that we really need to see some fundamental changes in the health care system.”

— UAMS Chancellor Dan Rahn, explaining the reason for exploring a partnership with St. Vincent Health System

“The most exciting new city I’ve discovered in the past two years of global travel was Little Rock.”

— British author and travel writer Pico Iyer in a March 2012 article for Bloomberg BusinessWeek titled “Ballad of the Road Warrior — The secret pleasures of the business trip”

“There’s no firm deal in place, but nobody gives something for nothing.”

— Conway defense attorney Frank Shaw, on his client Jon Brawner’s motive for telling police that he knew where missing construction executive John Glasgow’s body was buried

“He will lie to your face even when he doesn’t have to.”

— Jim Daven of Menifee, the target of a botched kidnapping attempt masterminded by Brawner, his former employee

“We could easily have twice as many deposits as we have today. But the key is, you have to have a place to invest those deposits, either in the bond market or loans. It doesn’t make you any money to pay 40 or 50 basis points to have deposits and not have any place to put it.”

— CFO Greg McKinney on why Bank of the Ozarks has allowed total deposits to decline

“I just don't don’t think anyone is that rotten.”

— Retired Judge Robin Mays, administrator in the 10-year-old probate case of M. David Howell, on why she doesn’t believe the Little Rock financier deliberately set out to create a Ponzi scheme

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

— U.S. District Judge Bill Wilson, in granting U.S. Attorney Chris Thyer’s request that he reconsider sanctions issued against federal prosecutors for unilateral manipulations in the case of USA Drug executive Garret Sorensen



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