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Webster Will Quit U.S. Accounting Oversight Board, Person Says
Bloomberg.com ^ | 11/06/2002 | Laura Smitherman

Posted on 11/06/2002 10:47:02 AM PST by GeneD

Edited on 07/19/2004 2:10:43 PM PDT by Jim Robinson. [history]

Washington, Nov. 6 (Bloomberg) -- William Webster, picked less than two weeks ago to head the newly created accounting oversight board, may resign within days, a person familiar with the situation said.

SEC Chairman Harvey Pitt quit yesterday amid four federal investigations into how he chose Webster to lead the oversight board even though he knew the former FBI chief had been chairman of the audit committee of an Internet company accused of fraud.


(Excerpt) Read more at quote.bloomberg.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; News/Current Events
KEYWORDS: 200211; accounting; harveypitt; resignations; robertherdman; sec; ustechnologies; williamwebster

1 posted on 11/06/2002 10:47:03 AM PST by GeneD
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