Alan Hevesi Quotes (24 Quotes)


    I have little doubt the old NYRA management would have never even brought their suspicions forward to the attorney general. The new NYRA management did so immediately.

    Given the stock's already poor performance, it would seem that any bad news would risk reducing investor interest and, thus, risk a lower stock price,

    The board's irresponsible behavior and failure to meet its basic duties shortchanged the taxpayers and the students of the district over and over again,

    Two years ago, the New York Racing Association was a poster child for mismanagement and corruption, ... While much still remains to be done, the result has proven that reform of even a very poorly managed and corrupt agency is possible.

    As a vital health care provider and major employer, Westchester Medical Center is an important part of the community. But the corporation's combination of fiscal challenges, financial control weaknesses and accounting problems brought it close to the point of collapse.


    Officials entered into arrangements they should have known were illegal, ... These were awful deals.

    You cannot reduce to dollars and cents the losses New Yorkers have suffered from the vicious World Trade Center attack, just as there is no way to put a dollar value on the heroism and determination of our response, ... But to obtain the resources we will need to rebuild and create a better and stronger New York City, we must try to understand in dollar terms, what the attack cost our economy.

    However, the issue is not just Mr. Grasso. The issue is making fundamental reforms at the stock exchange to restore investor confidence and establish a model of good corporate governance, accountability and disclosure. Now that Mr. Grasso has stepped down, we can move forward with those reforms,

    We felt we had to be resolute after all this time where we had cooperated and agreed not to impose sanctions or even discuss them,

    We are troubled by the continuing decrease of the value of our investments in the company and are pleased that management and the board of directors are considering steps to stem the loss of shareholder value, ... However, as long-term investors, we want to be assured that the options are being considered to promote growth and stability in the long-term, and not simply to produce a short-term boost in the stock price.

    All the bad news about NYRA may not be out yet, ... There may be other prosecutions.

    We're going to have to restore our business community. We're a very vibrant people. We're the strongest, smartest people in the world and we will rebuild that infrastructure that was lost,

    This program of actions is a last resort forced upon us by the continuing failure of the Swiss government to participate in the negotiations or even support an agreement, and by the inability of the Swiss banks to bridge the small gap between them and the class-action plaintiffs,

    The result is huge deficits and fast-growing costs for Albany water ratepayers,

    The refusal of Warner-Lambert's board to give due consideration to the Pfizer offer, and the coercive provisions of its agreement with AHP ... effectively deny shareholders the right and opportunity to enhance their investments,

    Part of our mission in this project is to restore some of that confidence, ... But, that's going to take some pain.

    What this study makes clear is that what the President and Congress have committed so far is just a down payment on what it will take to ensure that the terrorists don't succeed in destroying not just the two towers, but also America's and the world's financial capital.

    I am asking that you take immediate action to ensure that sex offenders do not receive erectile dysfunction medication paid for by the taxpayers. I urge you to take administrative action to remedy the situation or draft an amendment to the underlying statute as appropriate,

    Giving companies tax breaks is giving away real money,

    This is a big deal. This is serious and historic. It's an agreement that brings the banks in as partners in maximizing the potential for landlords to clean up buildings.

    Merck must be held legally responsible for its actions, ... Those actions have put lives at risk and cost shareholders billions of dollars.

    There's going to be the regular scrutiny and judgment of whether a particular company is worth investing in, ... We don't look at the short-term profitability. We look at the long-term integrity. That has to be part of the mix of any review.

    The securities industry had a very good year during 2005. The industry paid record bonuses based on exceptional revenue growth and solid profits.

    If we had simply done business as usual, we would have been rewarding UBS,


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