Eliot Spitzer Quotes
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The reason to drive this point home with a vivid and frank comparison is many New Yorkers are still not confronting the reality of how serious our crisis is. It was an exhortation to face reality.
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This has nothing to do with that, ... If the feds begin to do what they need to do, the relative role of the state agencies would diminish. Nothing I've said means that we wouldn't do all our cases over again.
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I don't expect a settlement, and I don't expect a collapse of discussions.
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My office will take all reasonable steps to ensure that the ill-gotten gains of those who engage in this conduct are returned to investors, that wrongdoers are held responsible, and that the appropriate reforms are implemented to halt this egregious activity.
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These applications are deceptive and unfair to consumers, bad for businesses that rely on efficient networks to do their jobs and bad for online retailers that need consumers to trust and enjoy their online experience.
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The attacks on the World Trade Center and the Pentagon shook our nation to the core. Americans were deeply frightened, sad, and angry, and they rallied around a President who, at the time, showed impressive certitude and calm.
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I do not believe that politics in the long run is about individuals. It is about ideas.
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Investors know that what was going on on the Street with analysts was wrong, was corrupt and had to be changed, ... The smart business leaders are changing their ways. Those who are putting their heads in the sand are saying, 'Let's get rid of the cops who watch to make sure things get done honestly.'
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I believe in an evolving Constitution. A flexible Constitution leaves room for us to consider not merely how the world once was, but how it ought to be.
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The standards for ballot access in New York State apply equally to all candidates seeking a given political nomination, ... In other words, all similarly situated are treated equally.
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Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long-term deficit reduction and because fairness dictates it. Moreover, there is no proof that higher marginal rates dissuade investment, all the rhetoric from the Right notwithstanding.
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The Toxics Release Inventory has been extremely successful in raising public awareness about chemical hazards in communities from coast to coast. Public disclosure has proven to be a strong incentive for polluters to reduce their use of toxic chemicals.
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Representative Baker is an embarrassment. He is wrong on the issue of enforceability, ... His response to our settlement is explained by his failure to grasp the issues at hand and his failure to do anything to protect small investors.
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After 25-plus years as a lawyer, prosecutor, and defense attorney, I have developed a deep appreciation for both the wisdom of the law and the role that jurists play in framing the rights and responsibilities that define our society.
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I have acted in a way that violates my obligations to my family and violates my, or any, sense of right and wrong. I apologize first and most importantly to my family. I apologize to the public, whom I promised better.
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Millennium developed multiple schemes that cost mutual fund investors tens of millions of dollars.
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This was a travesty, a violation of the public trust and it is something that Freddy Ferrer would not have permitted. That is money that could go into schools, into housing.
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The CEO was personally bought off by being given IPO allocations, ... Small investors were left holding the bag.
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AIG was and is a solid company that didn't need to cheat. It finds itself in this position solely because some senior managers thought it was acceptable to deceive the investing public and regulators.
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Some say that I should settle down, go slower and not push so hard, so quickly for such transformational change. To them, I say that you misunderstand the size of the problems we face, the strength of the status quo and the urgency of the people's desire for change.
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I certainly think that there's a very serious question about the economic viability of the Freedom Tower. The prospect that the Freedom Tower would be built and would sit there vacant as essentially a white elephant that would sap the entire cash available to build the other buildings, is something that is very problematic.
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The evidence in this case speaks for itself, ... Top managers knew market timing was harming buy-and-hold investors but they condoned and facilitated it because it was a lucrative source of management fee revenues.
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These are very senior executives within the Marsh hierarchy, ... Not only was it wrong, it was harmful to the economy ... There is simply no responsible argument in favor of rigging bids, stifling competition and cheating.
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With this agreement, virtually the entire mutual fund industry has now sworn off improper trading practices and agreed to compensate investors who were harmed.