Eliot Spitzer Quotes (91 Quotes)


    While the company has acknowledged allowing some improper market timing, the full extent of the problem at Seligman has not been disclosed to investors,

    This is an enormous victory over the concerted efforts by the Bush administration to dismantle the Clean Air Act.

    They may change their view but I will not at this point in time, ... We will win this case.

    I would say to those who don't like the metaphor This is reality.

    These applications are deceptive and unfair to consumers, bad for businesses that rely on efficient networks to do their jobs and bad for online retailers that need consumers to trust and enjoy their online experience.


    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.

    These two officials basically had one job to do and that was to ensure that the weight of the jockeys was recorded accurately and then disclosed to bettors, ... Instead, they misled the public and compromised the integrity of races run by NYRA.

    The purpose of this investigation is to thoroughly examine pricing practices in the industry and get to the bottom of what appear to be some illegal pricing practices,

    This agreement should be a wake-up call to all those in the entertainment industry who think outrageousness is a clever marketing strategy,

    The truth, ... is that Microsoft has been a monopolist found by a federal judge to have undercut innovation and hence competition and consumer welfare.

    Frankly, it was never practicable for the AG's office to receive a vast sum of money and then try to disperse that money to individual investors, ... Those individual investors will have to go through some sort of fact-finding process to demonstrate who relied on who and is owed how much.

    Let's wait for the right moment. There's still stuff ahead for Hillary Clinton ,

    It's time to let science and medicine, not politics and rhetoric, lead us to good, sound policy.

    I stand before you today because this vision of government as the engine of opportunity is what I believe in.

    Representative Baker is an embarrassment. He is wrong on the issue of enforceability, ... His response to our settlement is explained by his failure to grasp the issues at hand and his failure to do anything to protect small investors.

    These are very senior executives within the Marsh hierarchy, ... Not only was it wrong, it was harmful to the economy ... There is simply no responsible argument in favor of rigging bids, stifling competition and cheating.

    The reason to drive this point home with a vivid and frank comparison is many New Yorkers are still not confronting the reality of how serious our crisis is. It was an exhortation to face reality.

    Risk is inherent in the market, ... We all understand that and we thrive on that what we don't tolerate is fraud.

    I don't care about motivation. I care about credibility.

    Investors know that what was going on on the Street with analysts was wrong, was corrupt and had to be changed, ... The smart business leaders are changing their ways. Those who are putting their heads in the sand are saying, 'Let's get rid of the cops who watch to make sure things get done honestly.'

    Any doctor keeps a list of possible remedies available.


    When I read it my blood began to boil again. It drove home how crass that whole system was.

    I know market timers are costing legitimate shareholders significant performance ... This is not good business for us, and they need to go.

    The agreement we have today is the first of its kind, ... We think this is an agreement that can be a template for others to use.

    who might not understand the ways of Wall Street.

    Nicholas Graham, a spokesman for America Online, said in a statement via e-mail that the company was pleased to have reached agreement ... assist with the verification of certain member intentions online.

    State and local regulators are the officials with the closest contact with the regulated community, ... Given their close intimate knowledge of the business they regulate, they are in a much better position than Congress to judge whether a particular small business is deserving of leniency for a first-time violation.

    The best advice for New Yorkers and donors everywhere is to direct their donations only to organizations that they know and trust,

    Today President Bush acknowledged that conflicts of interest by securities analysts are a major problem, but he did not articulate a solution,

    Those who are critical of Alliance are the same people who have done nothing for 30 years.

    The only delay, ... is that when you are dealing with 50 states, 12 investment banks, a significant number of regulatory entities, simply getting sign-offs, drafting agreements on stray words takes a bit of time.

    It is the Democratic Party historically that created the middle class,

    The directors are supposed to be the stewards of their shareholders' investments, but too often act at the behest of the advisory and management companies that run the funds' day-to-day operations,

    Millennium developed multiple schemes that cost mutual fund investors tens of millions of dollars.

    The CEO was personally bought off by being given IPO allocations, ... Small investors were left holding the bag.

    The public expects and deserves the protection that effective government oversight provides. Until the Bush administration shows it is willing to do the job, however, it appears the public will have to rely on state regulators and lawmakers to protect its interests,

    Not a word has come out of the White House about maybe there being a structural problem in the insurance industry,

    This is not an insult. This is a statement of the harsh reality of the economic data that people should look at.

    My office will take all reasonable steps to ensure that the ill-gotten gains of those who engage in this conduct are returned to investors, that wrongdoers are held responsible, and that the appropriate reforms are implemented to halt this egregious activity,

    I've made it eminently clear, anyone who walks away will be sued, ... It will take me 10 minutes to sign a complaint, we'll be in court.

    AIG was and is a solid company that didn't need to cheat. It finds itself in this position solely because some senior managers thought it was acceptable to deceive the investing public and regulators.

    We believe this is a crucial next step in revealing what was improper and getting money back to shareholders who lost money,

    If they the people indicted yesterday wish to go to trial, we're ready,

    This has nothing to do with that, ... If the feds begin to do what they need to do, the relative role of the state agencies would diminish. Nothing I've said means that we wouldn't do all our cases over again.

    It would be misguided and foolish to do so, ... It would undermine public confidence in the markets because states have historically played a critical role in restoring creditability to the marketplace.

    State law specifically prohibits possession of stun guns and related weapons, ... This agreement will help ensure that the Internet is not used to facilitate illegal activity.

    My office, while committed to working with the Securities and Exchange Commission in our investigation of the mutual fund industry, will not be party to settlements that fail to protect the interests of investors and let the industry off with little more than a slap on the wrist,

    Who might or might not be my opponent on the other side of the aisle, I'll just wait and see how it plays out,

    Warner Music has illegally provided radio stations with financial benefits to obtain airplay and boost the chart position of its songs, ... abandon the industry-wide practice of providing radio stations and their employees with financial incentives and promotional items in exchange for airplay.


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