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There will always be apologists for the powerful and politically connected who commit crimes.
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In politics you learn to always smile.
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Companies that pollute should be taxed so that a product's cost to society is reflected in the price of that product.
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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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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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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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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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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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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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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.
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Millennium developed multiple schemes that cost mutual fund investors tens of millions of dollars.
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In 2007, when I was governor of New York, I proposed that our state once again permit undocumented immigrants to obtain a driver's license. To say the proposal lit a firestorm in the political arena is an understatement.
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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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I have disappointed and failed to live up to the standard I expected of myself.
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Who might not understand the ways of Wall Street.
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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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Yes, people pull the trigger - but guns are the instrument of death. Gun control is necessary, and delay means more death and horror.
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I always said that there's a real risk to having 50 different enforcement entities.
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Mutual funds, who have a fiduciary duty to shareholders, who have made the representation that they will do what's reasonable to stop these trades, and then they take payments for allowing these trades to take place -- they're in deep trouble.
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The reality of split government puts a premium on creativity within the administration. President Obama needs to put the right people in charge of the agencies and then have them push the bounds of administrative power to change policy through those agencies. President Obama has a pretty good track record of this.
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Today's agreement between Putnam and the SEC provides some preliminary measures to address certain of the issues raised in the actions filed against Putnam. However, these measures represent only a starting point for needed industry reforms in fund governance and oversight and do not address crucial issues involving restitution to fund holders, fines and penalties.
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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.
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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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We have yet to see any real evidence of FCC activity in this area despite overtures by us to join us.