Andrew Cuomo Quotes

I agree that there are some bad apples on Wall Street. I spent about ten years exposing corporate and financial fraud for 'Barron's' magazine and I found a lot to write about.

We did not investigate Wall Street because we were troubled by large institutions making a lot of money; we took action to stop a blatant fraud that was ripping of small investors.

In the movie 'Wall Street' I play Gordon Gekko, a greedy corporate executive who cheated to profit while innocent investors lost their savings. The movie was fiction, but the problem is real.

Before Enron, I think people were a bit more naive about the way things worked, and I think Enron pulled the curtain back on unsavoury practices that turned out to be a lot more widespread.

Wall Street is greedy, reckless and they operate illegally. That's fine. But what do you do?

On Wall Street, fraudulent schemes tend to thrive during economic booms, and to blow up when times turn tough.

I think that the S.E.C. has been pretty feckless when it comes to reigning in reckless behavior on Wall Street.

It's mostly the financial chicanery that's going on. People are saying 'What kind of trust can we put in this market?'

What transpired at Semgroup was no less than a $500 billion fraud on the people of the world.

The stock market is a racket. Those guys are crooks.

This was a massive Ponzi scheme and the biggest crime against the American economy in our lifetimes—in fact, ever…. You had various traders buying each other’s products to artificially keep the prices up so that the bubble didn’t collapse.

We must investigate without fear or favour the so-called 'accounting irregularities' that cause turmoil in the markets and wipe billions off the investments of ordinary South Africans.

Wall Street has been beset with problems. The cycle of greed and personal aggrandizement and lifestyle grandstanding is an affront to any American.

From 1934 to 1963, the biggest criminals in America ended up on Alcatraz. Nowadays they end up on Wall Street.

I'm asked, what about criminal prosecution of those on wall street? You know what, it's probably because none of them committed any crimes. They just made some incredibly bad decisions.

I'm not going to let Wall Street get away with murder. Wall Street has caused tremendous problems for us.

While short sellers probably will never be popular on Wall Street, they often are the ones wearing the white hats when it comes to looking for and identifying the bad guys!

Because the sad fact is that the Enron Corporation and others manipulated with unfortunately great effect the energy market in the West Coast starting in 2000.

The individual incentive not to commit crime on Wall Street now is almost zero.

I spent 10 years as a marketing manager. I've found my experience in the financial world invaluable background for writing about white-collar crimes.

Significant officials at publicly traded companies are casually and cavalierly engaged in insider trading. Because insider trading has as one of its elements communication, it doesn't take rocket science to realize it's nice to have the communication on tape.

Wall Street wants to keep its schemes too complicated to understand so that the roulette wheel can keep turning.

Enron had already collapsed and filed for bankruptcy protection by the beginning of 2002. But despite complaints from short sellers that corporations had used accounting gimmickry to inflate their profits, many investors thought the crisis at Enron was an isolated case.

We urge the Department of Justice to carefully investigate and aggressively prosecute all senior bank officials who participated in manipulating the London interbank offered rate throughout the financial crisis.

…the new front of great corporate transgression.