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OPINION

Quotes of the month

"It will not happen and if it happens ... we will deliver the appropriate answer to a problem which will not occur"
The less than intellectually robust response of Jean-Claude Juncker - chairman of Eurogroup of euro-zone finance ministers and Luxembourg’s PM and finance minister - to reporters questions of the potential for a euro-zone member state needing a bailout.

"The attack on our people and our business has been unprecedented. I have never seen anything like it. But it seems that all our competitors can actually beat us on is underpricing. They can’t beat us on claims servicing and products. And if that is all they’ve got to throw against us, well, they’re going to have to try harder than that"

Nicholas Walsh, chief executive of AIU – the successful underwriting business of the failed AIG – comes out fighting

(see Insurance: AIU comes out fighting)

"Mostly, Chinese entrepreneurs are ignoring foreign real estate creditors, and they don’t seem afraid that [foreign investors] can use litigation or bankruptcy. I have to remind offshore investors that the Chinese did not build the Great Wall 2,500 years ago as a theme park.