Quotes of All Topics . Occasions . Authors
Political parties exist to get bums on seats.
Madoff Securities is the world's largest Ponzi scheme.
The SEC now is 3500 chickens, and we need to get some foxes in there.
As an accountant by trade, my work for blue chip companies took me all over the world.
The best thing you can say about offshore investors is that they're tax cheats in their home countries.
Of course, it is always nice to poll well, but if you don't get representatives elected, then what is the point?
A super-sized fraud of this magnitude was bound to happen given the lack of regulation of these off-shore entities.
I've found that wherever there is one cockroach in plain sight, many more are lurking behind the corner out of view.
Now, a 45-degree angle is not something we deal with in finance. It's something you see in a high school geometry class. Performance like that has never been recorded in human history.
I don't know how I could have been more explicit. I gave them a roadmap and a flashlight, but they didn't go where I told them to go, they didn't look where I told them to look, they didn't tell the people I told them to call.
We have to take personal responsibility. The government didn't do its job when the institutions needed to be held accountable. If you see something's wrong, you can't just turn the other way. The regulatory system was totally rotten from top to bottom.
Opportunities for fraud are open and they are taken advantage of. The most elementary precautions are neither taken nor even contemplated. The reverse is the case. People such as myself who attempt to bring openness and accountability to the system are pursued, suspended and dismissed.
I don't like the income tax. Every time we talk about these taxes we get around to the idea of 'from each according to his capacity and to each according to his needs'. That's socialism. It's written into the Communist Manifesto. Maybe we ought to see that every person who gets a tax return receives a copy of the Communist Manifesto with it so he can see what's happening to him.
I have ... spoken to the heads of various Wall Street equity derivatives trading desks and every single one of the senior managers I spoke with told me that Bernie Madoff was a fraud. Of course no one wants to take an undue career risk by sticking their head up ... The fewer people who know who wrote this report the better. I am worried about the personal safety of myself and my family.
Government has coddled, accepted, and ignored white collar crime for too long. It is time the nation woke up and realized that it's not the armed robbers or drug dealers who cause the most economic harm, it's the white collar criminals living in the most expensive homes who have the most impressive resumes who harm us the most. They steal our pensions, bankrupt our companies, and destroy thousands of jobs, ruining countless lives.
The income tax is bad because it was conceived in class hatred, is an instrument of vengeance and plays right into the hands of the communists. It employs the vicious communist principle of taking from each according to his accumulation of the fruits of his labor and giving to others according to their needs, regardless of whether those needs are the result of indolence, or lack of pride, self-respect, personal dignity or other attributes of men.