Eliot Spitzer Protect Quotations

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,

Representative Baker is an embarrassment. He is wrong on the issue of enforceability, ... His response to our settlement is explained by his failure to grasp the issues at hand and his failure to do anything to protect small investors.

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,

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.

These directors clearly failed to protect the interest of investors,