November 7, 2002 |
Even before Harvey L. Pitt announced his resignation Tuesday night as chairman of the Securities and Exchange Commission, names of possible successors began flying around Wall Street and Washington. The list includes high-profile politicians, academics and several people with experience at the agency. Here are some of the names most frequently mentioned, along with brief biographies and early handicapping of their chances: * James R. Doty, 62, former SEC general counsel.
November 6, 2002 |
Harvey L. Pitt, the beleaguered chairman of the Securities and Exchange Commission, resigned under pressure late Tuesday after his latest misstep left the White House embarrassed and unwilling to fight for his future as Wall Street's chief regulator. Fifteen months after his appointment, Pitt submitted a four-paragraph resignation letter to President Bush in which he said the controversy surrounding him was blunting the SEC's efforts to restore investors' faith in financial markets.
November 4, 2002 |
President Bush is near a decision to oust Harvey L. Pitt as chairman of the Securities and Exchange Commission, a senior White House official said Sunday. The decision on Pitt's future, however, isn't likely to be made final, let alone public, until after Tuesday's elections and possibly not until a bit later in the year. Bush could remove Pitt as SEC chairman but cannot drive him off the independent commission if Pitt refuses to go.
November 3, 2002 |
Securities and Exchange Commission Chairman Harvey L. Pitt found himself embroiled in a new controversy, on reports that he failed to share with fellow commissioners potentially inflammatory information about the man Pitt picked to head the nation's new accounting-oversight board. William H. Webster, whom the SEC approved by a 3-2 vote on Oct.
November 2, 2002 |
White House officials carefully distanced themselves Friday from embattled Securities and Exchange Commission Chairman Harvey L. Pitt, saying the administration was awaiting the outcome of inquiries into whether he withheld potentially damaging information about his choice for a top oversight job. Away from the White House, senior Republicans focused on the potential political fallout of the flap, grumbling that Pitt had put President Bush in an awkward position just before Tuesday's election.
November 1, 2002 |
Securities and Exchange Commission Chairman Harvey L. Pitt faced a new torrent of calls for his resignation Thursday after reports that he did not disclose potentially inflammatory information about the man he picked to head the nation's new accounting-oversight board. William H. Webster, chosen last week to head the panel, chaired the audit committee of a financially troubled company that last year fired its outside accounting firm and has been sued by shareholders for fraud.