Restitution I have almost always believed is best handled through individual arbitration or litigation where individual investors, if they believe they have relied upon improper advice rendered by Merrill Lynch or anybody else, can file that claim, ... That is the best forum for those issues to be resolved.
More Quotes from Eliot Spitzer:
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.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
The best advice for New Yorkers and donors everywhere is to direct their donations only to organizations that they know and trust,
Eliot Spitzer
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.
Eliot Spitzer
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,
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
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