"We recognize that we've been given a rare second chance at GM, and we are very grateful for that."
- General Motors Corp. CEO, Fritz Henderson
"There's a lot of PR and marketing that needs to take place. Once you go into bankruptcy, it doesn't necessarily help change the perception of the company in the minds of the consumer." - auto analyst Erich Merkle
"While this has been a long, broad and deep recession, the first stage of recovery of the economy is close at hand." - Gary Stern, president, Federal Reserve Bank of Minneapolis
"We are on the cusp of stabilization." - Stephen Stanley, chief economist at RBS Securities
"Ms. Richards has worked hard over the years. Her resignation allows the newly cleansed and baptized SEC to say, 'if there was anything wrong done on our part those people are gone.' " - former SEC commissioner Edward Fleischman, on the departure of Lori Richards as head of the Securities and Exchange Commission office blamed for missing Bernard Madoff's Ponzi scheme
"Reckless actions by a few have fueled a recession that spans the globe." - President Obama
"Clearly, we're going to be significantly expanding regulation of derivatives." - U.S. Rep. Barney Frank (D., Mass.)
"My fear is that the administration is going down the path of shifting risk not to the investors and the dealers, but ultimately to the taxpayers." - U.S. Rep. Spencer Bachus (R., Ala.)
Compiled from The Inquirer, Associated Press, Bloomberg News.
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