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Letter "J" » John Coffee Quotes
«I think the SEC had to get aboard this ship. Otherwise, they would look like they are lagging behind the parade. They have been somewhat embarrassed by being behind everyone on the issue of accounting reform.»
«This means that they can win some of these cases, but they can also lose some. But there will be thousands of them the plaintiffs' bar will be willing to try.»
«Causey has no defense. He's an accountant, and he was right there at ground zero.»
«One thing prosecutors can expect to get from Causey is testimony that he met with Ken Lay during that period and made him aware of how deep the plight was at Enron. By the time of Lay's return, Enron was almost like the Titanic after it hit the iceberg.»
«Enron in its simplest form was a stark and vivid lesson that a company could comply with generally accepted accounting principles and totally deceive investors at the same time.»
«Cendant was the unrecognized harbinger of financial disasters to come. It was the harbinger in the late 1990s of how the quest for higher stock prices led managers astray.»
«There has to be something that we don't know. To simply explain that they're doing this to avoid litigation assumes that they'd be willing to throw money down a rat hole.»
«This is a positive, historic event.»
«You don't dare ask for votes on certain kinds of packages. People do not ask for votes that they may not get.»
«There is no blushing when it comes to making these demands, as long as management is only negotiating with the compensation committee and not with shareholders.»