Category Archives: Classic Quotes

“It becomes a complicated issue, because so many of the decisions being made are about money. Yet the theme of the whole concept is not about money: It’s sort of a two-sided issue where you’re talking out of two sides of your mouth. You’re trying to make it about money, but you’re trying to make it not about money.”

Posted on August 26, 2011 by mmjdiary

Michigan State quarterback Kirk Cousins addressing what the NCAA should do about the Miami situation and others involving student-athletes. Is it any wonder these kids take money from hangers-on? The signals from te adults on money and syntax are about … Continue reading →

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“If something is broken, we will fix it. I believe and predict that the difficulties that have plagued teams in the past are history.”

Posted on August 25, 2011 by mmjdiary

Edward Tad Foote, former president of the University of Miami, in 1995, when misconduct in the school’s football program prompted the Sports Illustrated cover, “Why the University of Miami Should Drop Football.” The NCAA has concluded a five-month investigation and … Continue reading →

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“I wish sometimes the ability to be smart and to be righteous overwhelmed our ability to hide and be in fear and be stupid. In that particular moment, it didn’t. It was one of the most revolutionary dumb, stupid and the only illegal thing that I’ve ever done in my life.”

Posted on August 25, 2011 by mmjdiary

Former Detroit Mayor Kwame Kilpatrick, just released from a Michigan prison after serving 14 months for probation violations. The probation was for his perjury related to an affair with his former chief of staff. He faces a trial next year … Continue reading →

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“Anyone who looks at the situation is going to conclude that things aren’t working, that there are fundamental problems that have to get fixed.”

Posted on August 19, 2011 by mmjdiary

NCAA President, Mark Emmert, on illicit gifts, money and sex parties allegedly bestowed upon University of Miami football players by former investment company owner and now incarcerated booster, Nevin Shapiro. Yes, there is something wrong. Lack of enforcement by the … Continue reading →

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“In this risk-free ground of moral neutrality there are no bad choices, just different lifestyles. ‘Live and let live’ becomes ‘Do what you please.’ “

Posted on August 18, 2011 by mmjdiary

British Prime Minister David Cameron addressing the issue of youth riots in UK.

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“No Child Left Behind has made more cheaters than golf.”

Posted on August 12, 2011 by mmjdiary

National Review, August 1, 2011, in describing the extent of the Atlanta Public Schools cheating scandal that has felled 178 teachers and principals who changed students’ answers on exams and used other “test clean-up” strategies in order to improve scores … Continue reading →

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“There are some questionable things that they have done in this financial crisis. And I’m a client of Goldman.”

Posted on August 12, 2011 by mmjdiary

George J. Collins, former CEO of T. Rowe Price Group. “Questionable” is charitable.

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“Be on time. Treat women with respect. Play like a thug. Live like a gentleman.”

Posted on August 2, 2011 by mmjdiary

The late Houston AAU coach, David Salinas, who took his life as the SEC uncovered that his firm, Select Asset Management, founded in 2006, was a Ponzi scheme. The firm managed assets of college basketball coaches who invested from $23,000 … Continue reading →

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“He primarily used the boat and most of his free time for (hospital) business and other charitable causes.” “At sentencing we intend to bring out the other side of Roosevelt Hairston — and that is the person who devoted his time and energy to serving the community and charitable interests.” “He is not a greedy man.”

Posted on July 30, 2011 by mmjdiary

Howard B. Klein, lawyer for Roosevelt Hairston, Jr., former general counsel for Children’s Hospital of Philadelphia, who entered a guilty plea of embezzling $1.7 million from the hospital between 1999 and 2011. Mr. Hairston submitted 93 invoices for fake vendors … Continue reading →

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“Less pressure has visibly led to higher moral standards in German companies.”

Posted on July 27, 2011 by mmjdiary

Stefan Heissner, the head of Fraud Investigations & Dispute Services at Ernst & Young. E&Y just released a survey of employees’ attitudes about corruption and ethical behavior in business in Germany. The probability of an ethical outcome is a direct … Continue reading →

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“Stealing is stealing whether you use a computer command or a crowbar, and whether you take documents, data or dollars. It is equally harmful to the victim whether you sell what you have stolen or give it away.”

Posted on July 20, 2011 by mmjdiary

United States Attorney Carmen M. Ortiz in announcing the indictment of formal Harvard ethics fellow Aaron Swartz for allegedly hacking into MIT’s massive journal and article data base and then turning the articles and journal over for free downloading. Mr. … Continue reading →

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“Reliable operations come first, whatever the cost.”

Posted on July 18, 2011 by mmjdiary

Former BP CEO, Tony Hayward, in a deposition taken as part of the civil suits BP faces for the explosion at the Deepwater Horizon oil rig

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“Wrongdoers turned a good newsroom bad and this was not fully understood or adequately pursued.”

Posted on July 11, 2011 by mmjdiary

James Murdoch, son of Rupert Murdoch, owner of News of the World, a British tabloid that has ceased publication because of a phone-hacking scandal undertaken by the paper in order to follow the rich, famous, and infamous. At the heart … Continue reading →

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“No one in an executive suite views himself as the next Bernie Madoff, or even the next Lee Farkas, and what happened to them is unlikely to have much, if any, deterrent value.”

Posted on June 29, 2011 by mmjdiary

Peter J. Henning in the New York Times, writing about the unlikely deterrent effect of a proposed 385-year sentence for Lee Farkas, the convicted TARP fund fraudster. The government’s sentencing memo indicates it hopes to attract the attention of executives. … Continue reading →

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