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These bonuses, and the minimum 'save' rates accompanying them, had the effect of employees not honoring cancellations, or otherwise making cancellation unduly difficult for consumers, ... This agreement helps ensure that AOL will strive to keep its customers through quality service, not stealth retention programs.
Eliot Spitzer
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This is somebody who knows how to stand up to you and me -- who knows how to push back against special interests, who knows how to stand up when matters of ethics and integrity come to the fore.
Eliot Spitzer
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For me, journalism has been more a matter of projecting a particular approach to covering policies, to covering issues. It was a continuation of what I tried to do in government.
Eliot Spitzer
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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.
Eliot Spitzer
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Restitution I have almost always believed is best handled through individual arbitration or litigation where individual investors, if they believe they have relied upon improper advice rendered by Merrill Lynch or anybody else, can file that claim, ... That is the best forum for those issues to be resolved.
Eliot Spitzer
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It would be misguided and foolish to do so, ... It would undermine public confidence in the markets because states have historically played a critical role in restoring creditability to the marketplace.
Eliot Spitzer
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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.
Eliot Spitzer
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I view Al Jazeera as a very serious journalistic outfit. They have proven to observers around the world that they are serious and objective. They will have to, at a P.R. level, prove to the American public that that is the case. And I think that over time they will succeed at doing that.
Eliot Spitzer
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Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
Eliot Spitzer
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The Tea Party isolated Mitt Romney from mainstream voters, linking him to a rabid ideology that he could not shake as he desperately tried to move to the middle in the closing weeks of the campaign. Lesson: The loudest voices don't often command the votes needed to win in November.
Eliot Spitzer
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These directors clearly failed to protect the interest of investors.
Eliot Spitzer
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We believe this is a crucial next step in revealing what was improper and getting money back to shareholders who lost money.
Eliot Spitzer
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Today's case demonstrates that the corrupt practices first laid bare in the Marsh suit are present in additional sectors of the industry, ... Secret payoffs and conflicts of interest that infected the market for property and casualty insurance have taken root in the employee benefits market as well.
Eliot Spitzer
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We will use every tool available to pursue fraud against the New York Medicaid program wherever it occurs, ... The criminal and civil sanctions imposed on Heritage and Arnold demonstrate our continuing efforts to prosecute fully any crimes we uncover and return misappropriated funds to the State.
Eliot Spitzer
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I've made it eminently clear, anyone who walks away will be sued, ... It will take me 10 minutes to sign a complaint, we'll be in court.
Eliot Spitzer
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Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.
Eliot Spitzer
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As one who was a prosecutor for many years, I can tell you that having a tape recording of interrogations would help everybody. It would make clear if there had been improper pressure exerted on a defendant or witness, and it would also protect the interrogating officer from false claims that such pressure had been brought to bear.
Eliot Spitzer
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Whether the commission recognizes it or not, the first settlement in a complex investigation always sets the tone for what follows. In this case, the bar is set too low.
Eliot Spitzer
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Power must be used, but it must be tempered by soul-searching and the recognition of our human capacity for error. That is the maxim that should inform our approach to every challenge, from reforming state government to engaging in foreign affairs.
Eliot Spitzer
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Every time we keep a child from smoking, we improve public health.
Eliot Spitzer
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I would say to those who don't like the metaphor This is reality.
Eliot Spitzer
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That laid out where we felt they failed to abide by statutory deadlines.
Eliot Spitzer
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Any doctor keeps a list of possible remedies available.
Eliot Spitzer
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My office, while committed to working with the Securities and Exchange Commission in our investigation of the mutual fund industry, will not be party to settlements that fail to protect the interests of investors and let the industry off with little more than a slap on the wrist.
Eliot Spitzer
