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Harvey Pitt Quotes
«Swift and appropriate resolution of these investigations will protect investors, facilitate the implementation of immediate and meaningful changes in research analyst and IPO allocation practices, and help enhance investor confidence in the marketplace,»
Author: Harvey Pitt
«[But so far no charges have been filed against Enron executives.] It's hard for me to respond to that, ... I think your concern is right on the money.»
Author: Harvey Pitt
«The recent disclosures that resulted from the investigation by the New York state attorney general, as well as the practices uncovered by the staff of the SEC, the NYSE and NASD, reinforced the commission's conclusion that further inquiry is warranted,»
Author: Harvey Pitt
«This is a significant step in addressing major concerns raised by the investing public in light of recent events, ... It is more important than ever that decisive action be taken to restore investor confidence to the financial markets, and I commend the leadership shown by the NYSE.»
Author: Harvey Pitt
«What I think we've come up with has been deliberately mischaracterized in the media, and I think the program we have is something that this Congress should be proud of,»
Author: Harvey Pitt
«We're seeking orders that will prevent any dissipation of assets or payouts to senior corporate officers past or present, and preventing any destruction of documents,»
Author: Harvey Pitt
«When people lie, if they play games, if they take money that doesn't belong to them, they are going to go to jail, ... We're working very closely with the criminal authorities and our new certification policy ... will set the stage for people to go to jail for fraud if they misstate their financials.»
Author: Harvey Pitt
«[SEC Chairman Harvey Pitt told Congress Monday that government regulators are conducting an investigation into the Enron collapse.] When Enron began to implode, SEC issued a no-holds-barred investigation, ... But until the investigation is completed we cannot fairly assign blame.»
Author: Harvey Pitt
«I place restoring the public's confidence in the auditing profession to be immediate goal number one,»
Author: Harvey Pitt
«This commission cannot and will not tolerate a pattern of growing restatements, audit failures, corporate failures and massive investor losses, ... Somehow we have got to put a stop to the vicious cycle that has now been in evidence for far too many years.»
Author: Harvey Pitt