“On any measure, Spain's bank rescue has been a disaster. A hundred million euros have been added to the national debt, ten-year bonds are at a record high and the country's credit rating has been downgraded three notches.”
“We were not given any statistics as to how many records were pressed on the blue label. I used to ask Bob Shad how we were going to get paid from record sales and what I got for an answer was not to worry about the business end of the deal.”