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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Sam Citron who wrote (59599)	1/29/2002 9:06:08 PM
From: Pete Young	Read Replies (1) \| Respond to of 70976

When Harvey Pitt became Securities and Exchange Commission chairman in August, the SEC staff stopped work on a lengthy report detailing what it concluded were severe shortcomings in how the accounting industry regulates itself. I've had a "SELL" on this guy from day one. Remember that his first action was to try and overturn Reg FD. Now he's like the moron that took the NYSE chairmanship over in 1929 just prior to the crash. The idiot ended up in front of a Congressional committee defending the excesses of that age, much like Pitt defends the criminality of the accounting "profession", now. The country needs to throw him, and anyone who thinks like him overboard before they run the ship up onto the rocks. (P.S., the guy that took over the NYSE chairmanship ended up financially ruined and took his own life.)