Quotes by Gerard Cassidy

“For big banks that want to remain major players, this move is going to force them to make strategic mergers, just like 1998.”

“Its a resolution of a long-simmering cloud thatd been hanging over this company. Though its painful, the resolution could have been worse. Its good news that its resolved.”

“If it were as negative as it appears on the surface, Microsofts stock would be dropping like a rock, and its doing just the opposite. The market is apparently saying, financially speaking, this is not a devastating event for Microsoft. Of course, as more news come out, that might change.”

“If it were as negative as it appears on the surface, Microsoft stock would be dropping like a rock, and its doing just the opposite. It doesnt appear to be something thats material in nature.”

“This seems to be a far more serious allegation.”

“Republic is going to have to pay the price of whats gone on here. Is that price large enough to kill the deal? The answer at this time is no. But there is a better than 50 percent chance that the offering price has to be lowered.”

“If we see a recovery this year and it becomes a stronger one than we expected, that will adversely affect bank stocks like they did in 1994 and 1999.”

“Canadian banks are all looking for opportunities to grow in the United States.”

“I unequivocally believe this was leaked.”

“The economy could slow down, and there is still uncertainty about interest rates.”