Sumner Redstone Quotes

I'm not panicking, and I'm not scared, I've been through the Gulf War, the Asia crisis, and the Russian crisis.

Uncertainty is killing this economy.

America had been a boom-and-bust economy going into the Great Depression - just over and over and over, fortunes were wiped out, ordinary families were crushed under it.

Everyone would like the world always to be in bubble times. But that doesn't happen.

CNBC was completely in the dumper when I went there.

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

By March '87 we're down to seven thousand, by the end of the year we're down to twelve hundred. The whole bottom just fell out of the market. It was bad for me because I was in Australia at the time.

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street.

The stock market crash in October 1929 didn't destroy a particularly large amount of wealth or make people highly pessimistic. Rather, it made companies and consumers very unsure about future income, and so led them to stop spending as they waited for more information.

I don't know if we're on the edge of the precipice, but we're in a very, very, very difficult situation.

I was lucky enough to see with my own eyes the recent stock-market crash, where they lost several million dollars, a rabble of dead money that went sliding off into the sea.

Never before in modern times has so much of the world been simultaneously hit by a confluence of economic and financial turmoil such as we are now living through.

In 2008, when the global financial crisis struck, it was a bad year for a lot of developing countries, and it manifested itself in consumer confidence.

The financial and economic crash of 2008, the worst in over 75 years, is a major geopolitical setback for the United States and Europe.

For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe.

You know, every family and every business in California knows what it means to go through tough times.

At many points during our nation's history, there have been times - known in our history textbooks as 'panics' - when adverse conditions affecting the financial and economic sectors of the country have caused individuals to hoard more than they need.

The year 1983 was crazy. People wanted to sell not only their investments... but also their companies.

Not every financial company toppled during the 2008 crisis, and some seized the opportunity to take advantage of weaker competitors in the midst of the tumult.

I have 13 bankers in my office, and they say that if you go forward with this you will cause the worst financial crisis since World War II.

Some things never change - there will be another crisis, and its impact will be felt by the financial markets.

I am not responsible for the financial crisis, I hate to tell you.

For people worried about the Great Recession and the uncertainty of what is coming next, the characters of 'Mad Men' are good company.

Well, 2009 was a tough year.