Week in Quotes

PUBLISHED : Sunday, 01 February, 1998, 12:00am
UPDATED : Sunday, 01 February, 1998, 12:00am

'We could not have had five to six years of incredible growth and low inflation with a complete loser in the White House' - Michael Wallace, Standard & Poor's currency analyst in London, on the sex scandal dogging US President Bill Clinton.

'China will defend the Hong Kong peg to its dying breath' - hedge-fund chief George Soros during the World Economic summit at Davos, Switzerland.

'Don't worry folks - everything is fine' - Bruce Steinberg, chief economist at Merrill Lynch & Co, after Federal Reserve Board chairman Alan Greenspan's testimony to the Senate Budget committee suggesting the Fed won't raise interest rates.

'If that means we're going out of business, I'm confused' - Lawrence Ellison, chairman of Oracle Corp, saying he expected North American sales of database software to grow 25 per cent in the fiscal third quarter, despite negative market talk about the company.