“Sir Philip is disappointed by the tribunal's decision and we are giving careful consideration to the tribunal's reasoning. Sir Philip continues to believe that the FSA's factual findings in the final notice against Shell are flawed. Sir Philip acted properly and in good faith at all times.”
“I can only see the [energy] market expanding. As energy becomes more expensive there are going to be smaller players out there: with oil at $70 (£38) a barrel they can raise money for oil fields that are now economically viable.”
“The banks are the big story [in China] at the moment but it is hard to appreciate how big the market is. We are going to see some big transactions in the future.”
“I think that conventional political wisdom was that there were high expectations with Mayor Schmoke going in. His tenure as mayor on a whole was disappointing, particularly with the continued deterioration of public schools and a substantial increase in crime.”
