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Letter "L" » Lynn Turner Quotes
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«We certainly have seen some improvements in governance, but we've also seen some areas of no improvement, and some areas where things have gone backwards.»
Author: Lynn Turner
«As it's noted in the release Andersen was aware of the problem and agreed to go along with it, ... That is problematic not only in this one but time after time after time at the SEC we saw that occurring, unfortunately in this case the number are just humongous.»
Author: Lynn Turner
«If that is what the SEC accepts, then investors are in trouble and our financial reporting indeed needs improving,»
Author: Lynn Turner
«I don't see disclosures that Citigroup was trying to reduce its exposure to Enron -- trying to reduce its exposure at the same time it was trying to increase that exposure to outside investors by issuing notes,»
Author: Lynn Turner
«When people get successful, when people find that they are making a lot of money, it tends to bring with it certain things like arrogance and greed, ... There was a suspension of disbelief in the 1990s. No one wanted to roil the waters.»
Author: Lynn Turner
«As it's noted in the release Andersen was aware of the problem and agreed to go along with it. That is problematic not only in this one but time after time after time at the SEC we saw that occurring, unfortunately in this case the number are just humongous.»
Author: Lynn Turner
«If that is what the SEC accepts, then investors are in trouble and our financial reporting indeed needs improving.»
Author: Lynn Turner
«When people get successful, when people find that they are making a lot of money, it tends to bring with it certain things like arrogance and greed. There was a suspension of disbelief in the 1990s. No one wanted to roil the waters.»
Author: Lynn Turner
«One can only wonder what message the U.S. attorney was thinking of sending to other executives who engage in such behavior. It is indeed rare that a federal prosecutor would stand shoulder to shoulder with the defense counsel of an admitted felon who bilked investors of over $3 billion, and against the advocate for investors, the SEC.»
Author: Lynn Turner
«There's no doubt that the number of restatements will be an all-time record, by a long shot.»
Author: Lynn Turner
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