Jaime Harrison Quotes

If it were not for government regulation of big corporations, executives at companies like Enron, WorldCom, Tyco, they could have cheated investors out of millions.

I don't think anyone would argue with the notion that there have been serious abuses on Wall Street.

We are not going to be the agency where large businesses can masquerade as a small business and get a contract. We are closing down on fraud, waste and abuse.

A father and two sons run Adelphia. It's a cable company. And they took from that company a billion dollars. A billion. Three people - three people took a billion dollars. What were they gonna do, start their own space program? 'Let's send the monkey to Mars, Dad!'

Where there is flagrant abuse of corporate entities we must and will seek to tackle it.

Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'

Sure, food stamps are occasionally misused, but anyone familiar with business knows that the abuse of food subsidies is far greater in the corporate suite. Every time an executive wines and dines a hot date on the corporate dime, the average taxpayer helps foot the bill.

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.

We need reform, but not at the hands of Wall Street.

It would be a sorry world in which corporations engaged in fraud could pull the screen of the First Amendment over any investigation of their scheme.

The constant drip drop of fraudulent activities coming out of Wells Fargo is absolutely outrageous.

If I bring to light a company that's poisoning customers, defrauding investors, or something like that... there just aren't enough regulators in the world to keep up with all of the fraud and malfeasance that goes on out there, particularly in the little nooks and crannies of the market.

Many financial and industrial companies have been bailed out with the public's money, but very few of those who had run those companies have been punished for their failures. Yes, the top managers of those companies have lost their jobs - but with a fat pension and mostly with a handsome severance payment.

Public trust in both government and corporations is low, and deservedly so.

Merchandise from Wal-Mart has become as ubiquitous as the water supply. Yet, still, the company is rebuked and reviled by anyone claiming a social conscience and is lambasted by legislators as if its bad behavior places it somewhere between investment bankers and the Taliban.

Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings.

Most libertarians are worried about government but not worried about business. I think we need to be worrying about business in exactly the same way we are worrying about government.

This is America: Corporate stealing is practically the national pastime, and Goldman Sachs is far from the only company to get away with doing it.

Things that have happened with Enron and companies like that, where they've squandered their employees' pension funds, I think it has brought a new level of anxiety. People don't feel like they can trust their employer.

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.

The stimulus was a case of political patronage, corporate welfare, and cronyism at their worst.

Washington told Wall Street, 'We're going to let y'all regulate yourselves.' The Republicans were in charge. They never said a word.

Deregulation created this epidemic of greed which according to the rules of capitalism was OK. Beyond that there was criminal behaviour. There have been no repercussions and it's hard to make your peace with.

If you look at the great frauds of all time, Enron had that phantom trading floor. What Herbalife has is it has phantom or fictitious customers.

A sane person would think that Wal-Mart would never carry 'Capitalism: A Love Story' because it's simply not in their best interests to inform their customers of their shady past.