But so far no charges have been filed against Enron executives. It's hard for me to respond to that, ... I think your concern is right on the money.
More Quotes from Harvey Pitt:
There isn't necessarily anything wrong with a compensation consultant performing multiple roles, but there's definitely a potential for conflict.Harvey Pitt
I would advise them against it, ... Of course, one would have to distinguish between material and non-material information. But the analyst, at a minimum, becomes a temporary insider.
Harvey Pitt
We've heard those reports about terrorist involvement in our markets. Our enforcement division has been looking into a variety of market actions that could be linked to these terrible acts including the subjects of the rumors,
Harvey Pitt
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.
Harvey Pitt
With respect to short selling, ... the goal of all of us is to have a market that most closely approximates the normal trading environment. As a result of that, you can tell in which direction we will probably be leaning.
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
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