Our daily pick of the most meaningful, inspiring, or instructive quotes straight from those on the front line — fighting, exposing, or reporting on fraud and injustice, wherever it may lie.
In Their Own Words -- Schneiderman
Posted 01/10/17
-- "It’s particularly unacceptable that this company has targeted vulnerable citizens like seniors in its advertising for a product that costs more than a week’s groceries, but provides none of the health benefits that it claims."
New York Attorney General Eric Schneiderman on his lawsuit against Quincy Bioscience for its alleged fraud in the sale of memory loss dietary supplement Prevagen. Click here for more.
--“Because my docket was really full here […] I couldn’t be both chief organizer of the Democratic Party and function as commander-in-chief and President of the United States,”
President Barack Obama commenting on his sense of responsibility for the political losses the Democratic Party suffered during his eight years in office.
-- "We've got the scientists, we've got the lawyers, and we're ready to fight."
California Gov. Jerry Brown, commenting on California’s plans to fend off attacks from the Trump Administration on its climate change, civil rights, immigration, and health care policies.
-- “The United States has the greatest financial markets in the world, and sensible regulation is vital to ensuring that they remain strong, dynamic, and innovative. I am grateful to have had the opportunity to contribute to that important objective.”
Timothy Massad, Outgoing Chairman of the CFTC. Read more here.
-- “When lenders breach their duty of due diligence and make risky loans that go bad, taxpayers pay the bill.”
U.S. Attorney for the Eastern District of Michigan Barbara L. McQuade, commenting on a recent FCA settlement involving the knowing origination and underwriting of FHA-insured mortgage loans that failed to meet applicable requirements. Read more here.
-- “No matter what the reason, when foreign officials receive bribes, they threaten our national security and the international free market system in which we trade.”
William F. Sweeney, the FBI’s New York Field Office Assistant Director in Charge.
-- “Whistleblowers who step forward and raise concerns internally to their companies about potential securities law violations should be protected from retaliation regardless of whether they have filed a complaint with the SEC.”
SEC Office of the Whistleblower Chief Jane Norberg on the SEC’s first ever settlement over internal-whistleblower retaliation. Read more here.
-- “Don’t forget the books. Assume we are not coming back to ny.”
A partner at Platinum hedge fund discussing fleeing to Israel when the government started investigating the firm on suspicion that it was operating as a Ponzi scheme. Click here for more.