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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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No one can dispute that in the insurance industry there was massive fraud,
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It's fascinating to me: when it comes to innovation in policy, it all comes from the states, ... It reflects an abject failure of policy (at the national level) in terms of dealing with energy, the environment or the securities industry. And into that void, the states have stepped.
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Today President Bush acknowledged that conflicts of interest by securities analysts are a major problem, but he did not articulate a solution.
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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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Warner Music has illegally provided radio stations with financial benefits to obtain airplay and boost the chart position of its songs, ... abandon the industry-wide practice of providing radio stations and their employees with financial incentives and promotional items in exchange for airplay.
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Every time we keep a child from smoking, we improve public health.
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The leadership of that company is not a leadership I will talk to and not a leadership I will negotiate with.
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We would not permit this type of conduct in connection with the sale of cars or washing machines. It is simply unconscionable that it occurred with a critical medical device.
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Late-day trading is like being permitted to bet on yesterday's horse races, ... You already know who's going to win.
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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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While their fiscal views aren't mine, the moderates are the last reasonable voice in the current Republican Party.
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These directors clearly failed to protect the interest of investors.
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In nations where the voices of intolerance are most visible and momentarily powerful, it is in our long run interests to remain firm in our clear articulation that the use of violence in response to speech is to be condemned.
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Federated worked with regulators to address problems with improper trading.
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It's time to let science and medicine, not politics and rhetoric, lead us to good, sound policy.
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When you're in office, there are tangible moments when you can see tangible successes.
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We have received a complaint and we're reviewing it.
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Delay is the enemy of progress.
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Technology is neutral: It convicts and finds innocents. We must make it a regularized part of the system, giving defendants access to DNA testing and evidence whenever it might be relevant.
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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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Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'
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Frankly, it was never practicable for the AG's office to receive a vast sum of money and then try to disperse that money to individual investors, ... Those individual investors will have to go through some sort of fact-finding process to demonstrate who relied on who and is owed how much.
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I would say to those who don't like the metaphor This is reality.