Quotations
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Eliot Spitzer Quotes
«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,»
Author: Eliot Spitzer
«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,»
Author: Eliot Spitzer
«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.»
Author: Eliot Spitzer
«I know [market timers] are costing legitimate shareholders significant performance ... This is not good business for us, and they need to go.»
Author: Eliot Spitzer
«These directors clearly failed to protect the interest of investors,»
Author: Eliot Spitzer
«They acknowledged the problem of market timing, but then allowed a favored client to engage in that harmful practice. The departure of these board members should sound an alarm for all those who serve in similar capacities.»
Author: Eliot Spitzer
«Doctors should have access to all scientifically sound information so that they can prescribe appropriate medication for their patients,»
Author: Eliot Spitzer
«The leadership of that company is not a leadership I will talk to and not a leadership I will negotiate with.»
Author: Eliot Spitzer
«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.»
Author: Eliot Spitzer
«15, 20 (companies), at least.»
Author: Eliot Spitzer