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By STAFF Alan Farnham, Frederick Hiroshi Katayama, David Kirkpatrick, Patricia Sellers

(FORTUNE Magazine) – LEONARD GREEN, 54, partner in the leveraged buyout firm of Gibbons Green van Amerongen, on observing the market crash, which he thinks returned stock prices to more reasonable levels: ''It's like watching your mother-in-law go over the side of a cliff in your favorite car. It's a case of mixed emotions.''

JOSEPH FLOM, 63, takeover lawyer, on the crash's effects: ''I would be surprised if all this has any long-term consequences. It'll take a while for the bloodletting to be over, and then it's back to normal.''

BRUCE W. EBERLE, 43, Republican fund raiser, on how the crash is affecting his job: ''I remember when George Wallace was shot, when John Kennedy was shot, even when Reagan was shot, people stopped giving. This time it's even worse.''