As you know, I like quotes. Good ones can capture and explain a situation succinctly and effectively. Below are 2 quotes from the Banc One Corp. case. For these 2 quotes, please explain why it is significant in the context of these cases, of at least 1 other case and of this class. "Banks are paid to be liability sensitive." Dick Lodge, Banc One Chief Investment Officer (b) "Does that look like hedge activity? They use this stuff to keep the game going." One Banc One research analyst