Howard Lutnick

Anything commodity-like will be sold online. The world is going to trade commodities like it trades stocks.

People don't value strongly enough how much time they spend in the office. Imagine you could work with people you love - wouldn't work be great and staff turnover be lower? And your productivity higher?

People looked to rating agencies to do the work for them.

You have to give people more than one chance. We hire people in job A, and if it doesn't work out, we try them on job B. We'll generally give them three different tries. You have to be more committed to training, but you know they have the right stuff because someone you think highly of has recommended them.

Washington is not the engine of the economy.