[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply. -Robert Friedman

 

[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply.


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This quote is just one of 9 total Robert Friedman quotes in our collection. Robert Friedman is known for saying '[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply.' as well as some of the following quotes.

It's a huge company. It can only grow at a certain rate.

Robert Friedman

[It is] the best low-cost credit card producer in the country, ... You back up that credit card business, you're buying the core bank at eight to nine times earnings. There's no need to chase the big boys when you have Bank One, a $60 billion company sitting there really cheaply.

Robert Friedman

You know what is going to happen. There won't be a shortage, we'll have our clinics, then we'll have a shortage. Then we'll start rationing the vaccine, and we'll end up wasting some of it at the end of the season.

Robert Friedman

We've been saying from the beginning that we wanted to get the number of positions down. It waters down the portfolio too much.

Robert Friedman

I see their rate of growth declining over time, ... I don't see how you can keep growing earnings 10 to 15 percent with a company this size.

Robert Friedman