Craig says that the shop talk among his fellow recruiters is that although they did fewer deals in 2012 than they had hoped, those deals that got done involved more high-end producers than was expected: a case of quality over quantity.
Switching to aquantityof money target to get out from having to defend the high interest rates necessary to tighten money, Volcker allowed the federal funds rate to reach 20 percent for much of 1981.
He raised the quantity and quality of Policy Unit staff (it now boasts a dozen high-flyers), and widened its remit to oversee existing policies and develop new ones.
By comparison, his Conservative challenger, Stephen Harper, is an unknown quantity, untested by previous high office and until recently written off as a not especially competent leader of the opposition.