SEC's Pitt Now Faces Dissent From Within the Commission

The Wall Street Journal ^ | Monday, October 7, 2002 | MICHAEL SCHROEDER and CASSELL BRYAN-LOW

[TroutStalker]

WASHINGTON -- Securities and Exchange Commission Chairman Harvey Pitt faces a new problem: dissension from within.

For months, as corporate scandals broke all around, Mr. Pitt had been criticized for being too close to the accounting and securities industries he once represented as an attorney. In recent weeks, he has moved aggressively to change that image, in part by charging ahead to quickly appoint a chief for a congressionally-mandated board that is to ride herd over the discredited accounting and auditing industry.

[Fracas]

Voila!

[Mo1]

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[Liz]

C'est la guerre.

[Mudboy Slim]

Who'd a thunk it?! The RATS are puttin' up a fuss to try and hide their Absolute Corruption!!

FReegards...MUD

[Mudboy Slim]

"This is War"?!

Works fer me...MUD

[Donald Stone]

By Friday of this week,Pitt is going to have a whole new can of worms to deal with.

[Liz]

Good for the sucker. Bush oughta sack this guy.

[mssnoop]

please keep me posted - I am always interested in the SEC hear no evil, see no evil policy.

Pitt is just another no-op, like so many of the other empty suits that have filled the political arena.

I think Pitt wants to co-ordinate all investigations into the corruption because he needs to know what is happening and try to stop any action that would expose the untouchables.