This case presents a deeply troubling picture of greed and deception at a large, publicly held company,
More Quotes from Stephen Cutler:
Even if you don't have direct responsibility for a company's financial statements, you cannot turn a blind eye when you have reason to know that what you are doing will help make those statements false and misleading,Stephen Cutler
Certainly every piece of legislation is going to have some consequences that people didn't anticipate at the outset,
Stephen Cutler
It's just astonishing to me that a firm could allow an analyst to participate in a road show -- and the fact that the prohibition on such conduct isn't literally in effect yet doesn't make me any less disappointed.
Stephen Cutler
Cutler, on the other hand, has steered clear of regulating fees on the grounds that fees should be set by market forces, not government watchdogs. On that point, he was relatively quiet Tuesday. We're not a merit-based regulator. We don't want to set fees, ... someone else might.
Stephen Cutler
For Xerox, the accounting function was just another revenue source and profit opportunity, ... As a result, investors were misled and betrayed.
Stephen Cutler
The distribution payments will be more meaningful if the states make their portions of the relief available to investors,
Stephen Cutler
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Which government is the best? The one that teaches us to govern ourselves.
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If God had not intended that Women shou'd use their Reason, He wou'd not have given them any, 'for He does nothing in vain.'
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