--- title: "Meaning & Key Takeaway of: Robert M. Morgenthau, the Manhattan…" description: "\"Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financ..." image: "https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg" --- # Robert M. Morgenthau, the Manhattan district attorney, has… ![“Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.” quote by Alex Berenson](https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg) [Download](https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg) [Open image](https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg) > “Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.” [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Morgenthau’s experience highlights the prevalence of complex fraud in global finance and the need for vigilant prosecution. **In simple terms:** Financial fraud is common and requires strong legal action. Key Takeaway Stay alert to financial scams. Themes law finance fraud justice Mood cautious serious informed Type advisory analytical When to use this quote - investment decisions - corporate compliance - legal education - public policy Key Concepts Regulation risk management white‑collar crime Questions to Reflect On - How can regulators better detect sophisticated schemes? - What role does public awareness play in preventing fraud? A Different Perspective Legal action alone cannot prevent all fraud; systemic reforms are also needed. ★ ★ ★ ★ ★ No ratings yet [Attorney](https://sms4smile.com/quotes/about/attorney/) [Capital](https://sms4smile.com/quotes/about/capital/) [Commerce](https://sms4smile.com/quotes/about/commerce/) [Credit](https://sms4smile.com/quotes/about/credit/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Frauds](https://sms4smile.com/quotes/about/frauds/) [Investors](https://sms4smile.com/quotes/about/investors/) [Manhattan](https://sms4smile.com/quotes/about/manhattan/) [Money](https://sms4smile.com/quotes/about/money/) [Schemes](https://sms4smile.com/quotes/about/schemes/) [Time](https://sms4smile.com/quotes/about/time/) [World](https://sms4smile.com/quotes/about/world/) ## Related quotes > [Mr. Hussein began building Ghazalia in the early 1980s as a home for army officers and other members of his Baath Party. Concrete mansions…](https://sms4smile.com/quotes/alex-berenson/mr-hussein-began-building-ghazalia-in-the-early-1980s-as-a-home-for/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Frauds master our minds; magicians, like poets and lovers, engage them in a permanent maze of possibilities.](https://sms4smile.com/quotes/adam-gopnik/frauds-master-our-minds-magicians-like-poets-and-lovers-engage-them/) [Adam Gopnik](https://sms4smile.com/quotes/author/adam-gopnik/) > [Some frauds succeed from the apparent candor, the open confidence, and the full blaze of ingenuousness that is thrown around them. The slightest mystery…](https://sms4smile.com/quotes/charles-caleb-colton/some-frauds-succeed-from-the-apparent-candor-the-open-confidence-and/) [Charles Caleb Colton](https://sms4smile.com/quotes/author/charles-caleb-colton/) > [All men are frauds. The only difference between them is that some admit it. I myself deny it.](https://sms4smile.com/quotes/h-l-mencken/all-men-are-frauds-the-only-difference-between-them-is-that-some/) [H. L. Mencken](https://sms4smile.com/quotes/author/h-l-mencken/) > [If ever you wish to meet intellectual frauds in quantity, go to Paris.](https://sms4smile.com/quotes/v-s-naipaul/if-ever-you-wish-to-meet-intellectual-frauds-in-quantity-go-to-paris/) [V. S. Naipaul](https://sms4smile.com/quotes/author/v-s-naipaul/) > [No matter how many red Xs we write on our hands to end slavery, as long as these same hands are clicking on pornographic…](https://sms4smile.com/quotes/david-platt/no-matter-how-many-red-xs-we-write-on-our-hands-to-end-slavery-as/) [David Platt](https://sms4smile.com/quotes/author/david-platt/) > [“In a petty theft you steal money, gold etc.; in an electoral theft you steal the future of a country! The second crime can…](https://sms4smile.com/quotes/mehmet-murat-ildan/in-a-petty-theft-you-steal-money-gold-etc-in-an-electoral-theft-you/) [Mehmet Murat ildan](https://sms4smile.com/quotes/author/mehmet-murat-ildan/) > [ Over the years, Charlie \[Munger, Berkshire Hathaway Vice Chairman\] and I have observed many accounting-based frauds of staggering size. Few of the perpetrators have… ](https://sms4smile.com/quotes/warren-buffett/over-the-years-charlie-munger-berkshire-hathaway-vice-chairman-and-i/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [WikiLeaks is exposing our government officials for the frauds that they are. They also show us how governments work together to lie to their…](https://sms4smile.com/quotes/jesse-ventura/wikileaks-is-exposing-our-government-officials-for-the-frauds-that/) [Jesse Ventura](https://sms4smile.com/quotes/author/jesse-ventura/) > [“It has been my personal experience that the government engages in a wide range of frauds with the common people.”](https://sms4smile.com/quotes/steven-magee/it-has-been-my-personal-experience-that-the-government-engages-in-a/) [Steven Magee](https://sms4smile.com/quotes/author/steven-magee/) > [There are some frauds so well conducted that it would be stupidity not to be deceived by them.](https://sms4smile.com/quotes/charles-caleb-colton/there-are-some-frauds-so-well-conducted-that-it-would-be-stupidity/) [Charles Caleb Colton](https://sms4smile.com/quotes/author/charles-caleb-colton/) > [“Mr. Bingham said, “Hey, you guys are supposedly psychic. Why didn’t you see that coming and warn the girl?” Mom sighed. “Again, we don’t…](https://sms4smile.com/quotes/kim-harrington/mr-bingham-said-hey-you-guys-are-supposedly-psychic-why-didn-t-you/) [Kim Harrington](https://sms4smile.com/quotes/author/kim-harrington/) > [Life is too short to be spent in talking about frauds and cranks.](https://sms4smile.com/quotes/anonymous/life-is-too-short-to-be-spent-in-talking-about-frauds-and-cranks/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“If I have seen further than those before me, it is because I did not engage in the frauds.”](https://sms4smile.com/quotes/steven-magee/if-i-have-seen-further-than-those-before-me-it-is-because-i-did-not/) [Steven Magee](https://sms4smile.com/quotes/author/steven-magee/) > [“The world is witnessing one of the greatest frauds the Florida government has ever engaged in.”](https://sms4smile.com/quotes/steven-magee/the-world-is-witnessing-one-of-the-greatest-frauds-the-florida/) [Steven Magee](https://sms4smile.com/quotes/author/steven-magee/) ## More by Alex Berenson > [One of the Internet's highest-profile companies, Priceline once dreamed of transforming the way consumer goods are bought and sold by offering customers the chance…](https://sms4smile.com/quotes/alex-berenson/one-of-the-internet-s-highest-profile-companies-priceline-once/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Plumbing is usually boring.](https://sms4smile.com/quotes/alex-berenson/plumbing-is-usually-boring/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [As they grow, companies saturate their markets, become more complex and difficult to manage, and face larger and more entrenched competitors.](https://sms4smile.com/quotes/alex-berenson/as-they-grow-companies-saturate-their-markets-become-more-complex-and/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [“If stupid people didn’t insist on thinking they were smart, the world would be a lot simpler.”](https://sms4smile.com/quotes/alex-berenson/if-stupid-people-didn-t-insist-on-thinking-they-were-smart-the-world/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [For chat-room tyros who expect to make their first million day-trading by age 27, paging through the Sunday newspaper with a pair of scissors…](https://sms4smile.com/quotes/alex-berenson/for-chat-room-tyros-who-expect-to-make-their-first-million-day/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [“Rosette disappeared onto the dance floor. Wells sat in silence for a minute, watching the dancers. The worldwide cult of fast money spent stupidly.…](https://sms4smile.com/quotes/alex-berenson/rosette-disappeared-onto-the-dance-floor-wells-sat-in-silence-for-a/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [In general, great companies prefer to grow 'organically,' as Wall Street likes to say. That is, from the inside out, by finding new markets…](https://sms4smile.com/quotes/alex-berenson/in-general-great-companies-prefer-to-grow-organically-as-wall-street/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Trust the Canadians to produce a game about mutual funds that is actually more boring than the real thing.](https://sms4smile.com/quotes/alex-berenson/trust-the-canadians-to-produce-a-game-about-mutual-funds-that-is/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [The market always, in theory at least, looks ahead. And it's always trying to take in every bit of information that it can as…](https://sms4smile.com/quotes/alex-berenson/the-market-always-in-theory-at-least-looks-ahead-and-it-s-always/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Individual income can grow only as fast as productivity rises.](https://sms4smile.com/quotes/alex-berenson/individual-income-can-grow-only-as-fast-as-productivity-rises/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Mr. Snowden did not start out as a spy, and calling him one bends the term past recognition. Spies don't give their secrets to…](https://sms4smile.com/quotes/alex-berenson/mr-snowden-did-not-start-out-as-a-spy-and-calling-him-one-bends-the/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [As the Nasdaq soared in 1999 and early 2000, demand for many offerings far exceeded the supply of shares available at the initial offering price.](https://sms4smile.com/quotes/alex-berenson/as-the-nasdaq-soared-in-1999-and-early-2000-demand-for-many-offerings/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Wal-Mart does not do big mergers, though it will buy much smaller competitors in so-called 'tuck-in acquisitions.'](https://sms4smile.com/quotes/alex-berenson/wal-mart-does-not-do-big-mergers-though-it-will-buy-much-smaller/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Many newly public companies are able to post a year or two of strong sales growth off a small base, but their growth almost…](https://sms4smile.com/quotes/alex-berenson/many-newly-public-companies-are-able-to-post-a-year-or-two-of-strong/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.](https://sms4smile.com/quotes/alex-berenson/business-cycles-lengthened-greatly-during-the-20th-century-as-central/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) [Explore all 150 Alex Berenson quotes ](https://sms4smile.com/quotes/author/alex-berenson/) ## More Attorney quotes > [My wife and daughters work. My campaign manager in 2005 was a working mother. I appointed 5 women to my senior staff as Attorney General.](https://sms4smile.com/quotes/bob-mcdonnell/my-wife-and-daughters-work-my-campaign-manager-in-2005-was-a-working/) [Bob McDonnell](https://sms4smile.com/quotes/author/bob-mcdonnell/) > [What was unique about me being in City Hall during the Giuliani Administration, I was the only one who wasn't an attorney. I may…](https://sms4smile.com/quotes/joe-lhota/what-was-unique-about-me-being-in-city-hall-during-the-giuliani/) [Joe Lhota](https://sms4smile.com/quotes/author/joe-lhota/) > [My first job paid well for a young attorney. I was making over $50,000, which was more than either of my parents had ever…](https://sms4smile.com/quotes/marco-rubio/my-first-job-paid-well-for-a-young-attorney-i-was-making-over-50-000/) [Marco Rubio](https://sms4smile.com/quotes/author/marco-rubio/) > [On March 12, 2004, acting attorney general James B. Comey and the Justice Department's top leadership reached the brink of resignation over electronic surveillance…](https://sms4smile.com/quotes/barton-gellman/on-march-12-2004-acting-attorney-general-james-b-comey-and-the/) [Barton Gellman](https://sms4smile.com/quotes/author/barton-gellman/) > [It took a bit of talking through administrative people, but only once did an attorney try and get in the way of the process…](https://sms4smile.com/quotes/jules-shear/it-took-a-bit-of-talking-through-administrative-people-but-only-once/) [Jules Shear](https://sms4smile.com/quotes/author/jules-shear/) > [I wasn't meant to be an attorney, but I was meant to go to law school.](https://sms4smile.com/quotes/eddie-huang/i-wasn-t-meant-to-be-an-attorney-but-i-was-meant-to-go-to-law-school/) [Eddie Huang](https://sms4smile.com/quotes/author/eddie-huang/) > [Here, I am looking for a document issued by a public attorney. I don't find. He is accused by the political leaders of the…](https://sms4smile.com/quotes/jacques-verges/here-i-am-looking-for-a-document-issued-by-a-public-attorney-i-don-t/) [Jacques Verges](https://sms4smile.com/quotes/author/jacques-verges/) > [Protecting the rights of service members was an important part of my work as Assistant Attorney General for Civil Rights.](https://sms4smile.com/quotes/thomas-perez/protecting-the-rights-of-service-members-was-an-important-part-of-my/) [Thomas Perez](https://sms4smile.com/quotes/author/thomas-perez/) > [ \[Michael\] Felix and other immigration attorneys say it's possible \[Melania\] Trump was doing what a lot of models do - working illegally on a… ](https://sms4smile.com/quotes/hansi-lo-wang/michael-felix-and-other-immigration-attorneys-say-it-s-possible/) Hansi Lo Wang > [Modern society includes three types of men who can never think very highly of the world--the priest, the physician, and the attorney-at-law. They all…](https://sms4smile.com/quotes/honor-de-balzac/modern-society-includes-three-types-of-men-who-can-never-think-very/) [Honore de Balzac](https://sms4smile.com/quotes/author/honor-de-balzac/) > ['To Kill a Mockingbird' is really two stories. One is a coming-of-age tale told from the point of view of Scout Finch, a girl…](https://sms4smile.com/quotes/charles-j-shields/to-kill-a-mockingbird-is-really-two-stories-one-is-a-coming-of-age/) [Charles J. Shields](https://sms4smile.com/quotes/author/charles-j-shields/) > [When I went to jail, I was a trained lawyer. And when the wardens received letters of demands or summonses, they didn't have the…](https://sms4smile.com/quotes/nelson-mandela/when-i-went-to-jail-i-was-a-trained-lawyer-and-when-the-wardens/) [Nelson Mandela](https://sms4smile.com/quotes/author/nelson-mandela/) > [I am asking my Attorney General to create a special unit of federal prosecutors and leading state attorneys general to expand our investigations into…](https://sms4smile.com/quotes/barack-obama/i-am-asking-my-attorney-general-to-create-a-special-unit-of-federal/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [It was a privilege to serve as the assistant attorney general for civil rights, a role that allowed me to enforce the Civil Rights…](https://sms4smile.com/quotes/thomas-perez/it-was-a-privilege-to-serve-as-the-assistant-attorney-general-for/) [Thomas Perez](https://sms4smile.com/quotes/author/thomas-perez/) > [In recent years personal injury attorneys and trial lawyers have attacked the food industry with numerous lawsuits alleging that these businesses should pay monetary…](https://sms4smile.com/quotes/bob-ney/in-recent-years-personal-injury-attorneys-and-trial-lawyers-have/) [Bob Ney](https://sms4smile.com/quotes/author/bob-ney/) [Browse all 439 Attorney quotes ](https://sms4smile.com/quotes/about/attorney/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the lead local prosecutor in the world's financial capital, he has battled frauds like the Bank of Credit and Commerce International, which stole billions of dollars from investors worldwide.", "creator": { "@type": "Person", "name": "Alex Berenson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/alex-berenson/robert-m-morgenthau-the-manhattan-district-attorney-has-seen-a-few/", "about": { "@type": "Thing", "name": "Attorney" }, "@id": "https://sms4smile.com/quotes/alex-berenson/robert-m-morgenthau-the-manhattan-district-attorney-has-seen-a-few/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg", "contentUrl": "https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg", "url": "https://sms4smile.com/quotes/i/44c/alex-berenson-2775_attorney_robert-m-morgenthau-the-manhattan-distri_2004115.jpg", "width": 1080, "height": 1080, "caption": "“Robert M. Morgenthau, the Manhattan district attorney, has seen a few financial schemes in his time. As the…” — Alex Berenson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Alex Berenson", "item": "https://sms4smile.com/quotes/author/alex-berenson/" }, { "@type": "ListItem", "position": 4, "name": "Robert M. Morgenthau, the Manhattan district...", "item": "https://sms4smile.com/quotes/alex-berenson/robert-m-morgenthau-the-manhattan-district-attorney-has-seen-a-few/" } ], "@id": "https://sms4smile.com/quotes/alex-berenson/robert-m-morgenthau-the-manhattan-district-attorney-has-seen-a-few/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```