Eliot Spitzer
Eliot Spitzer
Eliot Laurence Spitzeris an American politician who served as the 54th Governor of New York from 2007 until his resignation on March 17, 2008. Following his eight year term as Attorney General of New York, Spitzer was elected governor in 2006, succeeding three-term incumbent George Pataki. Soon after taking office, Spitzer was embroiled in a prostitution scandal that culminated in his resignation. Following his resignation, he hosted a short-lived program, Viewpoint with Eliot Spitzer on Current TV...
NationalityAmerican
ProfessionPolitician
Date of Birth10 June 1959
CityNew York City, NY
CountryUnited States of America
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No one can dispute that in the insurance industry there was massive fraud,
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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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With this agreement, virtually the entire mutual fund industry has now sworn off improper trading practices and agreed to compensate investors who were harmed,
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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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Every time we turn over a rock in the mutual fund industry these days, we are seeing vermin crawl out that are appalling: Late trading; timing by those in the executive boardroom; billions of dollars being scraped off that should be going into the pockets of investors instead ending up in the hands of the executives,
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This agreement should be a wake-up call to all those in the entertainment industry who think outrageousness is a clever marketing strategy,
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Federated worked with regulators to address problems with improper trading, ... With this agreement, virtually the entire mutual fund industry has now sworn off improper trading practices and agreed to compensate investors who were harmed.
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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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There has been a decline in ethics and we've got to turn it around,
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This was a travesty, a violation of the public trust and it is something that Freddy Ferrer would not have permitted. That is money that could go into schools, into housing.
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The great advantage of the Internet is that it helps consumers compare products and prices, ... Our action in this case helps ensure that consumers will have the ability to do just that.
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We need to be vigilant to protect our children, ... It is imperative that parents, industry, prosecutors and lawmakers all work together to identify and address possible threats, and that we teach our children to protect themselves from those who would do them harm.
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First, before any bids were submitted, the defendants determined which insurance company would win the business. Second, they set a 'target' for the winner to submit as its bid,
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We will use every tool available to pursue fraud against the New York Medicaid program wherever it occurs, ... The criminal and civil sanctions imposed on Heritage and Arnold demonstrate our continuing efforts to prosecute fully any crimes we uncover and return misappropriated funds to the State.