Arthur Levitt Quotes

This is bound to inflame investor passion. Evidently, Raymond did a first-rate job. Why do they want to hurt his legacy and his image by creating a compensation package that is so skewed and so unnecessary? - Arthur Levitt

This is a significant chapter in the commission's and the profession's efforts to reinforce the importance of auditor independence... This serious and comprehensive review will enhance investor confidence and lead to improved quality control systems going forward. - Arthur Levitt

This effort will be an important addition ? to encourage the education of fund directors. - Arthur Levitt

They have been compared to a high-tech version of morning gossip or advice at the company water cooler... At least you knew your co-workers at the water cooler. - Arthur Levitt

These issues are not academic or peripheral -- they directly affect every mutual fund investor. ... One word above all must define a fund's overall management structure. That word is accountability. And, without strong independent directors, accountability is nothing more than words on a page. - Arthur Levitt

The SEC is launching more investigations into more big companies than ever before... The list of targets includes plenty of Fortune 500 players, including Bankers Trust, Cendant, Waste Management and W. R. Grace. - Arthur Levitt

The motivation to satisfy Wall Street earnings expectations may be overriding common sense business practices... In the process, I fear, we are witnessing a gradual but inexorable erosion in the quality of financial reporting. - Arthur Levitt

The best companies, the most solidly managed companies, are ones that are managed for the future that don't focus on the price of the shares. - Arthur Levitt

Page 2 of 7

<<-First <-Previous Next -> Last ->>