The removal of the quick search bookmarks is intentional. The search box on the top right replaces this behaviour. Please see the ubuntu-devel archives for the backstory on this. Please use ubuntu-devel if you have questions.
** Changed in: firefox (Ubuntu)
Status: Unconfirmed => Rejected
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The Quick Searches Bookmark folder doesn't exist out of the box
https://launchpad.net/bugs/53390
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