29 Quotes by John Coffee

Enron in its simplest form was a stark and vivid lesson that a company could comply with generally accepted accounting principles and totally deceive investors at the same time.

Companies are resigned to the fact that Arthur Andersen is soon to be deceased.

This is not a populist demand for reduced compensation. This is a demand for more accountable compensation that in effect allows investors to relate pay to performance.

This is not a classic setting where someone gets barred for conduct as a corporate officer. Everything Martha did was in her private capacity.

This means that they can win some of these cases, but they can also lose some. But there will be thousands of them the plaintiffs' bar will be willing to try.

This means that they can win some of these cases, but they can also lose some, ... But there will be thousands of them the plaintiffs' bar will be willing to try.

There were no legal rules against spinning. The only question is one of ethics. And there, the question is this: Did Goldman see him as a future dispenser of future business? There's no way to know.

It's Act 1, but I think it's been a very successful Act 1. Given what can go wrong in a trial, nothing has gone wrong so far.

It's going to change the board from a prudential body and a restraining influence into a bunch of cheerleaders. It will give the board a strong incentive not to look too closely at the numbers. It puts directors on the same side as management.