This is a significant step in addressing major concerns raised by the investing public in light of recent events, ... It is more important than ever that decisive action be taken to restore investor confidence to the financial markets, and I commend the leadership shown by the NYSE.
More Quotes from Harvey Pitt:
I frankly think every one of them who's responsible ... should do hard time for their crimes,Harvey Pitt
I don't want to do anything that gives our critics an opportunity to raise issues, but the SEC needs my leadership, ... Public investors need my leadership. And we are going to do our utmost to make sure we serve them.
Harvey Pitt
I do not believe that anyone can recall the last time a complaint prevailed under Section 18. It has long been abandoned as a resource.
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
Investors were looking to President Bush to throw them a life-raft in a sea of accounting fraud and abuse. Instead, the president threw them a pair of cement shoes,
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
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All great authors are seers.
George Henry Lewes
Suffering makes a people greater, and we have suffered much. We had a message to give the world, but we were overwhelmed, and the message was cut off in the middle. In time there will be millions of us - becoming stronger and stronger - and we will complete the message.
David Ben-Gurion
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Juice Newton