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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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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.
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When you're in office, there are tangible moments when you can see tangible successes.
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Health care reform, the marquee legislative accomplishment of the Obama administration's first term, was passed before we entered the world of divided government.
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These directors clearly failed to protect the interest of investors.
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They may change their view but I will not at this point in time, ... We will win this case.
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The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk.
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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 don't have any particular expertise-I've never been a banker or an investment banker. But I did see an evolution in the system that I thought was problematic.
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Artists, especially new artists and lesser known artists who did not have major backing, should find a more open environment to have their music heard and hopefully succeed.
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We were hoping to initiate a conversation with them that would lead to an agreed-upon schedule.
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We are disappointed that the court has taken an unduly narrow view of its power and obligation to decide cases that come before it, ... Because the science is clear that global warming poses a real and inevitable environmental threat with grave human consequences, we will appeal this decision and continue to work on other fronts to demand action on this critical problem.
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My career was obviously cut shorter than I wanted it to be.
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I apologize to the public, whom I promised better.
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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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Delay is the enemy of progress.
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The directors are supposed to be the stewards of their shareholders' investments, but too often act at the behest of the advisory and management companies that run the funds' day-to-day operations.
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While their fiscal views aren't mine, the moderates are the last reasonable voice in the current Republican Party.
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Any reasonable economist will tell you that it's nearly impossible to isolate the impact of right-to-work laws on a state's job growth. A multitude of other factors intervene. However, one thing the numbers can show is that right-to-work laws have a negative effect on the wages of workers in that state.
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Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
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While 2013 will not see a major national election, we can be sure that most Republicans will obstruct and some Democrats will appease.
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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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I believe my office's efforts to educate the public are having a positive effect. We are seeing a larger percentage of charitable donations raised going to support charitable programs.
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It's time to let science and medicine, not politics and rhetoric, lead us to good, sound policy.