Michael Malone Quotes (18 Quotes)


    It's especially important since September 11 for people to be trained for the unexpected. We want to try to make sure people are safe.

    The earnings season got off to a very bad start with Intel and Yahoo and they are finding some relief today that they were not necessarily indicative of what we can expect for the rest of the fourth-quarter earnings season.

    We've been having a tough time raising money locally because major disasters have impeded our attempts to generate money for our own programs and services. The restaurant program last year raised more than 1,200. This year we're hoping we'll reach 5,000.

    We moved up this morning relatively quickly up against the highs of last week, and that just so happens to be also the top of the range that we've recently been trading in on the SP. We ran up to those levels and we're seeing a little big of profit taking as a result.

    The market has been languishing for the last couple of days over concern about rising interest rates. But we've seen a little bit of relief there and you've also seen oil prices come off. It still doesn't feel if there is much conviction behind the move.


    The chances of the Bush administration accepting a truce would be pretty remote at best.

    It does appear that they are a bit better than what was expected and that may give a little bit of a lift to the market.

    We've been to 3 million homes in Bloomfield Hills. We've been to homes by the lakes. We've been to houses in new developments where new homes are still being built on the same street. It is crazy how busy we are.

    The amazing thing about the house is the quality of the craftsmanship. The detail, whether in the woodwork or the glass of the windows, there is infinite detail, things I can constantly appreciate. The other thing is that it is elegant but not formal.

    Some people are mentioning that crude is creeping back up to US70 a barrel, but people are focusing much more on interest rates now.

    Best Buy reported a disappointing quarter and we are seeing a bunch of earnings warnings after Hurricane Katrina, which is not good news. If this continues then it will begin to weigh on sentiment.

    You have to be mindful it is not the individuals, it is the structure of the PSC that is failing the people of the Virgin Islands, ... I think the solution is for us as policymakers to bring legislation that will change the structure to make it work.

    Until investors get an idea as to where rates are going to go from here, that's likely to keep a lid on the equity market, even with expectations of strong earnings in the first quarter.

    I think the greatest taboos in America are faith and failure.

    I don't think he ever asked a middle-aged business executive if he was a virgin. But that was the one time they caught that weirdness about him, where he liked to put people off balance and have this supercilious smile on his face.

    If he (Rove) was forced to step down, it would be a pretty big blow to the Bush administration. A weakened Republican president who is seen as pro-business could raise some concern.

    People are expecting that Libby will be indicted and Rove will continue to be investigated. That may have contributed to the weakness of the close yesterday. Obviously it is not positive for the Bush administration and may be weighing on equity markets,

    There is nothing specific to today's market that is driving us higher. If anything bad news has significantly outweighed good news, particularly given Intel.


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