TheWeekInWords: Krimpets, the Mets, and beating the brains out of FiOS
"We were happy as can be to have an iconic brand in the portfolio of stable brands within the company. That was real evidence to our shareholders and people who followed us that we were very serious about our five-year plan." - Flowers Foods Inc. chief executive George E. Deese, on his company's acquisition last year of Philadelphia Krimpet-maker Tasty Baking Co.
"We were happy as can be to have an iconic brand in the portfolio of stable brands within the company. That was real evidence to our shareholders and people who followed us that we were very serious about our five-year plan."
- Flowers Foods Inc. chief executive George E. Deese, on his company's acquisition last year of Philadelphia Krimpet-maker Tasty Baking Co.
"Now I guess I can smile.... Maybe I can take a day off." - New York Mets chief executive Fred Wilpon, after Mets owners agreed to pay up to $162 million (and likely much less) - instead of the $1 billion originally demanded - to settle claims by the trustee for Bernard Madoff's fraud victims.
"It's like you agreed to throw in the towel and stop competing with each other." - U.S. Sen. Al Franken (D., Minn.), on a $3.6 billion deal and joint marketing agreements among Comcast, Verizon and others.
"There is nothing in these agreements to prevent us from trying to beat the brains out of FiOS."
- Comcast's executive vice president David Cohen, referring to Verizon's pay TV and high-speed Internet service.
"Many of our members continue to cite obstacles on the road to recovery, including persistently tight builder and buyer credit and the ongoing inventory of distressed properties in some markets." - David Crowe, chief economist for the National Association of Home Builders.
"If you can deliver crude oil to the East Coast by rail and make money, it might work."
- Kevin J. Lindemer, a Boston oil analyst, on the viability of Philadelphia-area refineries if North Dakota crude could be transported here.
"It really disappoints the public and results in spasms of hostility against the regulators, the drug-development community, and sometimes the medical community."
- U.S. Food and Drug Administration official Janet Woodcock, on what she said was an inefficient system for reporting adverse drug reactions - which could be helped through implementation of electronic health records.
"It's time for a development professional to lead the world's largest development agency."
- President Obama, on his nomination of Dartmouth College president and global health expert Jim Yong Kim to head the World Bank.
Compiled from The Inquirer, Associated Press and Bloomberg News.