Mutual funds, who have a fiduciary duty to shareholders, who have made the representation that they will do what's reasonable to stop these trades, and then they take payments for allowing these trades to take place -- they're in deep trouble,
More Quotes from Eliot Spitzer:
I believe in an evolving Constitution. A flexible Constitution leaves room for us to consider not merely how the world once was, but how it ought to be.Eliot Spitzer
Movies are an important part of popular culture. Every adult and child should be able to enjoy a film with family and friends, especially during the holiday season.
Eliot Spitzer
The CEO was personally bought off by being given IPO allocations, ... Small investors were left holding the bag.
Eliot Spitzer
Individual investors are being fleeced, ... to the tune of billions and billions of dollars a year.
Eliot Spitzer
acting as a good corporate citizen, ... did the right thing. We asked them to create a filter to stop this kind of thing and they have done so.
Eliot Spitzer
He believes what he says, and that's what is important. People have gotten into trouble because they were intentionally misstating what they knew.
Eliot Spitzer
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Based on Topics: Business & Commerce QuotesBased on Keywords: fiduciary
Record stores have whole sections devoted to the chant.
Richard Morris
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
Laurent Fabius
Watching foreign affairs is sometimes like watching a magician; the eye is drawn to the hand performing the dramatic flourishes, leaving the other hand - the one doing the important job - unnoticed.
David K. Shipler