Lynn Turner Quotes

That's indicative of a company with an imperial CEO and very poor controls. - Lynn Turner

That stuff isn't free. It has a cost. - Lynn Turner

One can only wonder what message the U.S. attorney was thinking of sending to other executives who engage in such behavior. It is indeed rare that a federal prosecutor would stand shoulder to shoulder with the defense counsel of an admitted felon who bilked investors of over $3 billion, and against the advocate for investors, the SEC. - Lynn Turner

It's fantastic... He's a very nice guy for a politician. - Lynn Turner

If that is what the SEC accepts, then investors are in trouble and our financial reporting indeed needs improving. - Lynn Turner

I sent it to my friends, and I sent it to my husband. I just sent it to people who I thought were speeders. - Lynn Turner

I don't see disclosures that Citigroup was trying to reduce its exposure to Enron -- trying to reduce its exposure at the same time it was trying to increase that exposure to outside investors by issuing notes. - Lynn Turner

For a company such as Merck to reflect as revenues in its financial statements billions of dollars of co-payments a customer makes directly to another company, the pharmacy, which the pharmacy collects and never remits to Merck, just does not reflect the economics of what is occurring... If that is what the SEC accepts, then investors are in trouble and our financial reporting indeed needs improving. - Lynn Turner

First and foremost it is the company, it's these executives that put these numbers together, it's not the auditors. So the people who are actually in the kitchen, cooking the books, stirring the stew, so to speak, are these executives, and there is no excuse for what happened. - Lynn Turner

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