No sugar-coating -- the loss of Marge is disappointing.
More Quotes from Glenn Schorr:
There appears to be some low-hanging fruit across the organization on the cost side. It will be taking a smart look at wasteful costs that have built up over the years.Glenn Schorr
Because of their focused and deep business strategy, concentrating only on transactions, Ameritrade would make an easier transition into a more diversified financial company,
Glenn Schorr
The big standout was US cards -- weak even excluding the charge, due to margin compression and a big drop in receivables.
Glenn Schorr
Clearly they delivered some of the broad-based growth investors have been waiting for the past couple of years and progress has improved, ... But there's still a reasonable gap versus its peer group, so there is still work to be done.
Glenn Schorr
It's tough to put in words how good a quarter it was -- but we'll try. Not only was the absolute number huge, beating estimates by 2, but diversity was great, with just about every business line putting up a record.
Glenn Schorr
Investment bank was pretty good all in. Transaction services had strong revenue, but earnings fell on higher expenses and credit costs. Smith Barney and private banking were okay, but not as good as Merrill.
Glenn Schorr
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Based on Topics: Disappointment QuotesBased on Keywords: marge, sugar-coating
It's not all that different with the orchestra. There are orchestras that seem to be encased in dough, so that first you have to break through the normal routine, and clear out the openings.
Dietrich Fischer-Dieskau
What I really resent most about people sticking labels on you is that it cuts off all the other elements of what you are because it can only deal with black and white; the cartoon.
Siouxsie Sioux
Fear of things invisible in the natural seed of that which everyone in himself calleth religion.
Thomas Hobbes