The word 'fraud' will be in some of the documents that are the settlement documents, ... I believe very deeply that at its root what was going on with the analysts and the investment bankers was probably the largest fraud ever committed upon the investing public.
More Quotes from Eliot Spitzer:
who might not understand the ways of Wall Street.Eliot Spitzer
It's time to let science and medicine, not politics and rhetoric, lead us to good, sound policy.
Eliot Spitzer
This is not an insult. This is a statement of the harsh reality of the economic data that people should look at.
Eliot Spitzer
What we demand is integrity and honesty of the research that is rendered,
Eliot Spitzer
Risk is inherent in the market, ... We all understand that and we thrive on that what we don't tolerate is fraud.
Eliot Spitzer
Proponents cleverly wrapped the word reform around the amendment, ... But calling a mule a thoroughbred doesn't make it one.
Eliot Spitzer
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