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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (8629)10/31/2002 2:22:47 PM
From: stockman_scott  Respond to of 89467
 
<<...Shortly before William H. Webster was appointed to head a new board overseeing the accounting profession by the Securities and Exchange Commission last Friday, he told the commission's chairman, Harvey L. Pitt, that he had until recently headed the auditing committee of a company that was facing fraud accusations, Mr. Webster recounted today.

Mr. Pitt chose not to tell the other four commissioners who voted on Mr. Webster's nomination that day, according to S.E.C. officials. White House officials said they, too, were not informed about the details of Mr. Webster's work for the company...>>

nytimes.com

Tim: And folks think Dubya has surrounded himself with a good management team...LOL...WHEN WILL HE FIRE PITT for failing to effectively serve the needs of all shareholders...Pitt clearly has his own agenda and he fails to practice FULL DISCLOSURE with his own SEC Commission...Bush takes loyalty to a new place when he keeps INCOMPETENT and corrupt folks like Pitt in Washington...This will not restore investor confidence. The CEO of our nation is supposed to make the tough decisions but it looks like business as usual is what we'll get from the SEC.