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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These directors clearly failed to protect the interest of investors,
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What we have is a fundamental violation of the rights of shareholders and a violation of the duty of mutual funds to protect the interests of long-term shareholders,
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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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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.
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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.
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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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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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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.
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When I read it my blood began to boil again. It drove home how crass that whole system was.
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It would be misguided and foolish to do so, ... It would undermine public confidence in the markets because states have historically played a critical role in restoring creditability to the marketplace.
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The standards for ballot access in New York State apply equally to all candidates seeking a given political nomination, ... In other words, all similarly situated are treated equally.
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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.
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The word 'fraud' will be in some of the documents that are the settlement documents, ... I believe very deeply that at its root what was going on with the analysts and the investment bankers was probably the largest fraud ever committed upon the investing public.