Key quotes from Milken conference in Beverly Hills

BEVERLY HILLS, Calif., April 29 (Reuters) - The 2009 Milken Institute Global Conference attracted business leaders and politicians to discuss the global economic crisis and other pressing issues.

The conference ran from Monday to Wednesday. Here are some notable quotes from the annual gathering at the Beverly Hilton during its second day on Wednesday:

-- ON GLOBAL ECONOMIC CRISIS AND INVESTMENT CLIMATE

SEAN CLEARY, CHAIRMAN, STRATEGIC CONCEPTS LTD:

"U.S. households added more mortgage debt in the last six years than in the prior life of the mortgage market."

REBECCA PATTERSON, MANAGING DIRECTOR AND GLOBAL HEAD OF FOREIGN EXCHANGE AND COMMODITIES, J.P. MORGAN WEALTH MANAGEMENT;

"The market is still on pins and needles. It wouldn't take a lot right now to tip us back into a weaker place."

DAVID SOLOMON, MANAGING DIRECTOR AND CO-HEAD OF THE INVESTMENT BANKING DIVISION, GOLDMAN, SACHS & CO:

"I would probably buy the U.S. short term, but I am a big long term China bull and there is no question that growth out of emerging markets will be very important to our economy."