A few quotes are filtering out in news reports about the sentencing today for Scott London over his admitted insider trading.
The Wall Street Journal provides the following quote in their article, – Former KPMG Partner Scott London Gets 14 Months in Prison for Insider Trading:
“I deeply regret my actions,” Mr. London told the court. “I’m embarrassed and ashamed…I blame no one but myself.”
And the line from a
Bloomberg Bloomberg BusinessWeek article remind me of the old joke, “Other than that, how was the play Mrs. Lincoln?”
The readers over at Going Concern will light up over this one. From Bloomberg’s Ex-KPMG Auditor London Gets 14 Months in Insider-Trading Case:
“I’m at the core an honest person,” London, 51, told Wu. He asked the judge to give him a sentence of probation and community service.
From Stuart Pfeifer in the Los Angeles Times- KPMG partner who gave tips to golf buddy sentenced for insider trading. Mr. Pfeifer quotes Mr. London from an interview from a year ago with the Times:
“I have no idea what I was thinking,” he said shortly after he was fired. “I don’t know why there was a lapse of judgment but there was.”
Francine McKenna (@retheauditors) and Aaron Elstein (@InTheMkts) are tweeting about the use of passive voice in that comment.
Anyone know how to get the full text of a hearing in federal court? I know how to get rulings and filings through the PACER system, but not hearings. Any ideas?