Top 10 Arthur Levitt Quotes
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Today, the forces of competition, technology, and globalization have converged to spur innovation and to transform the way business is done in the securities industry.
Our purpose, as we face these challenges, remains clear - fair and orderly markets that allow for efficient capital formation, while protecting the interests of investors.
Our role is to maintain and monitor a framework in which fair competition can flourish.
Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.
It is incumbent on us to facilitate the development of a market structure that best assures that these changes benefit the U.S. securities markets as a whole.
The tension between centrality, on the one hand, and competition, on the other, is probably the oldest of all market structure issues.
I think we have got to start thinking about banding together in terms of interested groups.
Investors should start with a view of skepticism. They should become intellectual investors rather than emotional investors. They should be careful, and they should be skeptical.
I think that the failures of Enron and WorldCom and other companies are partially failures of investors to recognize companies that are selling for a thousand times nothing, but chances are they may be worth only that.
Over the past two decades, we have clearly seen an erosion of ethical values.
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Today's Quote
Obama repeatedly has condemned Hamas as a terrorist organization that should be isolated until it renounces violence and recognizes Israel.
Quote Of The DayToday's Shayari
मैं अपनी सुबह शाम यूँ ही गुजार लेता हूँ.
जो भी ज़ख्म मिलते हैं कागज़ पे उतार लेता हूँ...!!
Today's Joke
पड़ोसन- कल तुम घर पर नहीं थी, कहां थी?
अरी बहन वो कल हमारे मायके
"ब्युटीफुल ट्रेजडी"
के चक्कर मे...
Today's Status
Friends like you are the reason why there’s never a sunset in my life’s happiness. Good evening.
Status Of The DayToday's Prayer
You have promised to be with me dear God, help me to enjoy your divine companionship and partnership in the...
Prayer Of The Day