Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Wyätt Gwyön who wrote (203636)	11/8/2002 9:24:12 PM
From: patron_anejo_por_favor	Read Replies (3) of 436258

Everyone see how the SEC smoked this one past at 5:20 pm on a Friday? ROTFLMAO, if they were a company, I'd go clown short on 'em...<NG> cbs.marketwatch.com; 5:20pm 11/08/02 SEC chief accountant Herdman resigns By Rex Nutting The Securities and Exchange Commission's top accountant, Robert Herdman, resigned Friday in the wake of the scandal over the selection of William Webster to head up a new independent accounting oversight body. SEC Chairman Harvey Pitt resigned Tuesday, but will remain on board until a replacement is named. Herdman and Pitt were apparently the only two SEC officials to know of Webster's ties to a company under fire for questionable accounting practices. At least four investigations into the selection process are underway. "Investors have lost a great advocate," Pitt said in accepting Herdman's resignation.

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