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Letter "R" » Richard Walker Quotes
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«There's too much loose money. The world's kind of awash in capital right now.»
Author: Richard Walker
«This action reflects the commission's close scrutiny of accounting practices in the technology industry to make certain that the financial disclosure of companies in this area reflect present reality,»
Author: Richard Walker
«Not only did they lie about their independence, some of them lied about the companies they featured, then took advantage of any quick spike in price to sell their shares for a fast and easy profit,»
Author: Richard Walker
«A blunt reminder to people who are paid to tout stocks on the Internet: You must disclose the nature and amount of your compensation and it must be easily accessible, not buried somewhere on the Web site.»
Author: Richard Walker
«While cash did not change hands, the companies that issued the stock received valuable benefits,»
Author: Richard Walker
«Under these circumstances, the securities laws entitle investors to full and fair disclosure, which they did not receive in these cases.»
Author: Richard Walker
«Probably the poster child for us is the case that we brought against W.R. Grace and some of its senior folks, in which we charged that they had managed earnings by setting up, if you will, a cookie jar reserve,»
Author: Richard Walker
«By establishing a reserve and bleeding it into income in later years, the company made it seem as though the profits were increasing, ... That misleads investors, and that's wrong.»
Author: Richard Walker
«What used to require a network of professional promoters and brokers, banks of telephones and months to accomplish can now be done in minutes by a single person using the Internet and a home computer.»
Author: Richard Walker
«They have to amend the way they do business, and we will have examiners to make them amend and adjust their practices, to put an end to lax oversight once and for all.»
Author: Richard Walker
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