`Life has dealt a terrible hand to literally billions of people,’ and the Gateses `are bent on reducing that inequity to the extent they possibly can.’
— Warren Buffett, investing guru, in a magazine interview that coincided with his announcement of commitment to donate $37 billion to five foundations.
`New jockey, same horse. Ultimately, the horse matters, and unless new CEO Irene Rosenfeld can push commodity prices lower, Kraft is still, in our view, a somewhat troubled company.’
–Prudential Equity Group analyst Robert Campagnino, explaining why he thinks Rosenfeld is too close to Kraft Foods Inc. to be the agent of change the company needs.
`I don’t view $32.50 as a fair price, so I wasn’t going to sell into the auction.’
— Brian Rogers, of T. Rowe Price, among Tribune Co.’s top shareholders, on the media company’s repurchase of 45 million shares.
`Build the best sandbox you can–low costs, low taxes, excellent infrastructure.’
— Indiana Gov. Mitch Daniels explaining why Honda picked his state to build a $550 million plant that would employ 2,000.
`I’m still very interested in the Sun-Times property. The Sun-Times is a great publication, a great paper. It’s synonymous with Chicago, and I would love to own it.’
— Yusef Jackson, son of Rev. Jesse Jackson, explaining his interest in media ownership, including his investment in Radar magazine.
`What this deal proves is that Kerkorian wants to go to the next world having said he made a profit on every investment he ever made.’
–Burnham Securities analyst David Healy on GM stakeholder Kirk Kerkorian’s proposal that Renault S.A., parent of Nissan Motor Co., take a minority position in General Motors Corp.
