Richard Walker
Richard Walker
circumstance fair full investors laws receive securities
Under these circumstances, the securities laws entitle investors to full and fair disclosure, which they did not receive in these cases.
cash change companies received stock valuable
While cash did not change hands, the companies that issued the stock received valuable benefits,
adjust lax oversight
They have to amend the way they do business, and we will have examiners to make them amend and adjust their practices, to put an end to lax oversight once and for all.
highest middle near partly places richest urban
There's two reasons: One is geographical, when you're in the middle of the fastest-growing part of the country, near these big urban centers, the richest places always have the highest costs, partly because they're successful.
capital loose
There's too much loose money. The world's kind of awash in capital right now.
accounting action area certain close companies disclosure financial industry practices present reflects scrutiny technology
This action reflects the commission's close scrutiny of accounting practices in the technology industry to make certain that the financial disclosure of companies in this area reflect present reality,
offshore oil resources vitally
The offshore oil is vitally important. We have to use the only resources that we have.
against cases corruption dozens entertainment filing fraud prey seeds sow striking
As fraudsters sow their seeds of corruption in the entertainment industry, the SEC, FTC, and NASAA are striking back by filing dozens of fraud cases against individuals and firms that prey on unsuspecting investors,
dirt means riding school takes time
School means I have to do homework. That takes up my time when I should be riding my dirt bike.
against brought case charged child cookie earnings grace jar poster senior setting
Probably the poster child for us is the case that we brought against W.R. Grace and some of its senior folks, in which we charged that they had managed earnings by setting up, if you will, a cookie jar reserve,
accounting alone busy five magnitude next size
If we had nothing else to do, the accounting investigations alone could keep us busy for the next five or 10 years. The size and magnitude are crushing,
charm face gets places poverty reminded rest southern
Let's face it, Southern poverty is overwhelming, and usually that gets kind of papered over for the rest of us because of the charm of places like New Orleans. But it's pretty grim, really, and now we're being reminded of that.
beneath disasters disorder event layers natural order reveal seeing social start ugliness
Natural disasters always reveal the social order of things -- the social disorder really, and that's what we're seeing here. You start peeling away the layers with an event like this hurricane, and the ugliness comes up from beneath very quickly.
active cancer develop guarantee healthy lifestyle reduce
Obviously, there is no guarantee that you will not develop cancer even with a healthy active lifestyle but it does substantially reduce the risks.