Famous Quotes from 2011 Annual Meeting

1. "The U.S. economy is recovering but slowly. We're in uncertain times."

2. "We've been through many crises. We survive and thrive."

3. "Our insurance float continues to grow. It's now over $70 billion."

4. "We've had good underwriting results. But we never count on it."

5. "The debt ceiling debate is dangerous. Default would be catastrophic."

6. "If we default, the dollar would fall. That would be very bad."

7. "Europe has serious problems. The euro was poorly designed."

8. "The European debt crisis could spread. We're watching carefully."

9. "We keep a lot of cash. It costs us but it's necessary."

10. "We haven't found elephants. We'll wait."

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Source: 2011_Annual_Meeting.md