October 1, 2008

As of 7 p.m. yesterday:

1. “Cardinal says it will spin off tech business, base it in S.D.”

2. “Violence continues: 16 bodies are found”

3. “County home prices recede to 2003 levels”

U-T QUOTE OF THE DAY

Business, C1:“In this day and age, a bank run spreads around the world, not around the block. Once a bank run is under way, it doesn't matter anymore if you have good loans or bad loans. People lose confidence in you.”

– Thomas Mayer, chief European economist at Deutsche Bank

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