"The price was absolutely ludicrous and people were openly asking if the old man had finally lost it"
One banker says Li Ka-Shing shouldnt be too surprised he had to scrap the sale of ParknShop.
"Another managing director? What the hell do you all do?"
A group of investment banking MDs are taken aback when the head of one frequent borrower examines their business cards during a meeting at the IMF
"Cristina is brilliant at articulating stupidity. Because thats the reality. She speaks well, you have to hear her she has a super mind in terms of memory of data and detail. Its just that this information gets channelled wrong"
"I am really disappointed by the lack of detail in fundamental analysis of our financials. All these hints and suggestions the analysts feed you journalists... theyre just parroting what we tell them, sorry, what we guide them to say"
A chief financial officer gears up rather grumpily for his companys third-quarter earnings call
"It is an absolute shocker. Eight separate banks managed to get it completely wrong"
One investment banker is baffled by the Royal Mail float
"You want the right people to own your debt you dont want idiots that will flip it"
One issuer seems less than enamoured with the hedge funds
"I dont know how many more building societies have to fail before regulators wake up to the fact that retail banks are where the risk to the system lies"