Word: pitt
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...offered his resignation before he was fired. The next one expected to go, probably next month, is the head of Bush's Council of Economic Advisers, Glenn Hubbard, who wants to return to teaching. His departure would complete the housecleaning that began when Securities and Exchange Commission chairman Harvey Pitt resigned on election night. Though the abruptness of last week's moves was startling--not least to the two men ousted--it wasn't entirely surprising. Bush's economic team has long been viewed as the weak link in a popular Administration, and both O'Neill and Lindsey were prone...
...chair of the New York Stock Exchange in the early 1990s - he should have no trouble doing so. President Bush hopes that the Wall Street insider will provide corporate chiefs and investors alike with a much-needed boost of confidence. He takes over for departing head Harvey Pitt, who left last month amid a flurry of blame over bad press and lukewarm economic news...
...August restatement of corporate income, which was expected to increase pressure on Bush to crack down on the kind of people who had assembled at the resort. "It felt like a funeral," recalls Bainwol. Democrats were calling for the scalp of Securities and Exchange Commission chairman Harvey Pitt and citing poll numbers that pointed to big gains for their party in both houses. "They were filled with the euphoria of our misery," Bainwol says of his rivals...
RESIGNED. HARVEY PITT, 53, as chairman of the Securities and Exchange Commission; in Washington. The embattled Bush appointee, whose 15-month tenure was marked by missteps and corporate scandals, exited on election night, following embarrassing revelations about his appointee to head a new accounting-oversight board, William H. Webster...
...economy didn't bite as an issue which is an enormous relief for the White House. The President wasn't hindered by the corporate scandals or even the fact that he later trimmed the budget for the cops who were supposed to clamp down on wayward CEOs. Harvey Pitt made himself the first casualty of the election having handed in his resignation early in the afternoon, clearing up one of the administrations most glaring carbuncles...