Free Republic

<p>Could sleepy Willy Webster really be the greatest innocent since Voltaire's Candide?</p> <p>Harvey Pitt poses a challenge to epistemologists everywhere: How could somebody so dumb manage to tie his shoes each morning?</p> <p>The answer is not "loafers." A moment's reflection reveals the truth: No one could be as dumb as Mr. Pitt is accused of being. What he lacks is a knack for partisan tactics at a time when -- against every standard of good taste -- accounting and the Securities and Exchange Commission have become national political footballs.</p>

<p>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.</p> <p>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.</p>