Eliot Spitzer Quotes
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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.
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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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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.
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Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
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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.
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These directors clearly failed to protect the interest of investors.
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The American public no longer has confidence in Wall Street and we've got to change that.
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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.
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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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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Every time we keep a child from smoking, we improve public health.
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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.
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I would say to those who don't like the metaphor This is reality.
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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.
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That laid out where we felt they failed to abide by statutory deadlines.
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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.
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As a citizen, and as the state's lawyer, 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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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.