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.
Arthur Levitt
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Another misconception is that an order is canceled when you hit ‘cancel' on your computer. But, the fact is it's canceled only when the market gets the cancellation.
- Arthur Levitt -
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Our role is to maintain and monitor a framework in which fair competition can flourish.
- Arthur Levitt