STEPHEN FEINBERG

I learned everything I needed to know about markets at Drexel Burnham Lambert.

If someone at Cerberus has their picture in the paper and a gun, we will kill them.

The biggest returns come from the biggest messes. Clean companies trade at premium prices.

We don't buy companies to flip them. We buy them to fix them.

Complexity is where the opportunity lives. Simple situations attract too much competition.

Privacy is not optional in this business. It is the business.