We all understand that directors aren't required to guarantee that their fund has the lowest fees, ... But they are required to ask whether fund investors are getting their money's worth. What do independent directors know about management's costs and their profitability? - Arthur Levitt Quotes
We all understand that directors aren't required to guarantee that their fund has the lowest fees, ... But they are required to ask whether fund investors are getting their money's worth. What do independent directors know about management's costs and their profitability? Arthur Levitt
 Money Profitability

More - Arthur Levitt Quotes

We are not looking for a bit of window dressing on the same old recycled gobbledygook, ... We expect you to do whatever it takes to speak to investors in a language they understand -- English. - Arthur Levitt Quotes

We are not looking for a bit of window dressing on the same old recycled gobbledygook, ... We expect you to do whatever it takes to speak to investors in a language they understand -- English.

Arthur Levitt

 
The American economy is the eighth wonder of the world. The ninth is the economic ignorance of the American people. - Arthur Levitt Quotes

The American economy is the eighth wonder of the world. The ninth is the economic ignorance of the American people.

Arthur Levitt

 Economy
This is outrageous that just two months ago, a public offering was done. Major banking institutions simply were asleep at the switch. There was clearly wrongdoing here that neither the accountants nor the underwriters nor the principal owners had any idea of. - Arthur Levitt Quotes

This is outrageous that just two months ago, a public offering was done. Major banking institutions simply were asleep at the switch. There was clearly wrongdoing here that neither the accountants nor the underwriters nor the principal owners had any idea of.

Arthur Levitt

 
The SEC is launching more investigations into more big companies than ever before, ... The list of targets includes plenty of Fortune 500 players, including Bankers Trust, Cendant, Waste Management and W. R. Grace. - Arthur Levitt Quotes

The SEC is launching more investigations into more big companies than ever before, ... The list of targets includes plenty of Fortune 500 players, including Bankers Trust, Cendant, Waste Management and W. R. Grace.

Arthur Levitt

 
do whatever was possible to expedite the process. - Arthur Levitt Quotes

do whatever was possible to expedite the process.

Arthur Levitt

 
These issues are not academic or peripheral -- they directly affect every mutual fund investor. ... One word above all must define a fund's overall management structure. That word is accountability. And, without strong independent directors, accountability is nothing more than words on a page. - Arthur Levitt Quotes

These issues are not academic or peripheral -- they directly affect every mutual fund investor. ... One word above all must define a fund's overall management structure. That word is accountability. And, without strong independent directors, accountability is nothing more than words on a page.

Arthur Levitt

 
We have an opportunity today that we may not have again in our lifetime, to realize the vision for a true national market system, - Arthur Levitt Quotes

We have an opportunity today that we may not have again in our lifetime, to realize the vision for a true national market system,

Arthur Levitt

 Opportunity
It has been almost 30 years since significant steps were taken to improve the mutual fund governance structure, ... Whether shareholders realize it or not, how directors fulfill their responsibilities directly affects them every day. - Arthur Levitt Quotes

It has been almost 30 years since significant steps were taken to improve the mutual fund governance structure, ... Whether shareholders realize it or not, how directors fulfill their responsibilities directly affects them every day.

Arthur Levitt

 
Richard is a multifaceted kind of guy, - Arthur Levitt Quotes

Richard is a multifaceted kind of guy,

Arthur Levitt

 
The motivation to satisfy Wall Street earnings expectations may be overriding common sense business practices, ... In the process, I fear, we are witnessing a gradual but inexorable erosion in the quality of financial reporting. - Arthur Levitt Quotes

The motivation to satisfy Wall Street earnings expectations may be overriding common sense business practices, ... In the process, I fear, we are witnessing a gradual but inexorable erosion in the quality of financial reporting.

Arthur Levitt

 Business
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