Harvey Pitt Quotations

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.

and American investors have lost a great advocate, the legacy that he has left behind will continue to serve them well.

I frankly think every one of them who's responsible ... should do hard time for their crimes,

It is clear from recent events -- including the program the president is announcing this morning to improve and strengthen the duties of those whose conduct is at the core of our securities markets -- that the SEC critically needs to receive additional money in fiscal 2003 to fully fund pay parity and that we should be authorized to add new staff to address pressing immediate needs,

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,

Unless there's a reason to re-open ancient history, we should move on,

they shouldn't be paid when they don't produce.

There isn't necessarily anything wrong with a compensation consultant performing multiple roles, but there's definitely a potential for conflict.

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.

Our commission has been subject to extremely high attrition, ... with the principle reason being the fact that our employees earn substantially less than their counterparts in the other financial service regulatory agencies.