As a safety precaution while the tragic events of today are sorted out, the securities markets have decided not to open for trading today. We strongly support that decision.
More Quotes from Harvey Pitt:
If the analyst is communicating his findings to a select group of people and it might lead to proprietary trading by his employer, then you might have problems. But if he is publishing information for a widespread audience, I have less of a problem with it,Harvey Pitt
We investigate when we find there may be indications that a problem occurred, ... And if we do investigate, no one, no matter what their position or status is, no one gets a pass.
Harvey Pitt
That should not cause anyone to believe there will be something sinister like a Black Monday opening,
Harvey Pitt
Now you sit there and shut up... and the next time the President gets fired up to take strong action against Corporate Crooks, like he did last January, shut your yap, stop worrying about over-regulation and market dips, and let him do it, ... That way I won't have to be the one who's supposed to look tough.
Harvey Pitt
SEC Chairman Harvey Pitt told Congress Monday that government regulators are conducting an investigation into the Enron collapse. When Enron began to implode, SEC issued a no-holds-barred investigation, ... But until the investigation is completed we cannot fairly assign blame.
Harvey Pitt
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