-
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.
-
We have yet to see any real evidence of FCC activity in this area despite overtures by us to join us.
-
Who might not understand the ways of Wall Street.
-
Imagine if investors in Wal-Mart really cared about bribery at that company's overseas operations or safety standards at its overseas manufacturing plants. If investors pulled their capital, corporate leaders would have to respond.
-
Somehow the vitality of New York state has been sapped.
-
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.
-
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.
-
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.
-
Let's create a regime that makes sale of bullets to anybody not licensed to carry a gun illegal, makes resale illegal, micro-stamps bullets so they can be traced. No Second Amendment issues here. This would have a remarkable impact on both violence and the capacity to solve shooting crimes.
-
I don't care about motivation. I care about credibility.
-
I hope to continue the great tradition that you have created for us in this state of leadership in Albany.
-
We were hoping to initiate a conversation with them that would lead to an agreed-upon schedule.
-
Why does it have to be politics? Is there a dynamism to that world and a theoretical capacity to do things that draws many talented people? Absolutely. Are there other ways to be involved and lead an interesting life? Of course.
-
Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.
-
One of the biggest lies in capitalism is that companies like competition. They don't. Nobody likes competition.
-
Health care reform, the marquee legislative accomplishment of the Obama administration's first term, was passed before we entered the world of divided government.
-
With this agreement, virtually the entire mutual fund industry has now sworn off improper trading practices and agreed to compensate investors who were harmed.
-
They may change their view but I will not at this point in time, ... We will win this case.
-
Facts matter. Science matters. Reason matters. Mitt Romney has shown an inability to respect any of the three. President Barack Obama not only respects them, he relies on them. He is an overwhelming and unquestioned choice to continue as president.
-
Any doctor keeps a list of possible remedies available.
-
President Obama is doing the right thing by offering young immigrants, most often in this country through no action of their own, a chance to live and work openly, free from the fear of deportation.
-
The CEO was personally bought off by being given IPO allocations, ... Small investors were left holding the bag.
-
The truth, ... is that Microsoft has been a monopolist found by a federal judge to have undercut innovation and hence competition and consumer welfare.
-
The Chautauqua Institution is truly a national treasure. It is a place for contemplation and a place for reflection, a place where platitudes and slogans can be set aside and be replaced by thoughtfulness and introspection.