Word: probe
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...Five accounting firms before Bush named him to chair the Securities and Exchange Commission last year. Until the Enron scandal broke, Pitt had waved away demands for stronger regulation of corporate accounting and auditing. There were calls from lawmakers for Pitt to recuse himself from the SEC probe of Enron, but Pitt refused--after a fashion, anyway--saying that such a step would hurt the agency's standing. He added, however, that director of enforcement Stephen Cutler would run the probe anyway. Bush last month named two other accounting executives to empty seats on the SEC: Paul Atkins, a partner...
...from Enron and $11,500 from Arthur Andersen in the past decade, invited former SEC chairman Arthur Levitt, the nation's leading accounting hawk, to do the scrubbing and apply the rinses. That gave Senator Robert Torricelli of New Jersey, who was until recently the subject of a federal probe into his campaign finances, a chance to apologize to Levitt, who had pushed unsuccessfully for lawmakers to tighten accounting standards. "Congress did not respond," Torricelli intoned. "We were wrong. You were right...
...second guess - is this company truly good, or is it too good to be true? - and second-guessing is not the kind of attitude of which sustained bull markets are made. The Dow and NASDAQ's January chart lines are jagged, but the trend is clearly downward since Probe Day, January 9, and for every buyer whose glass is half full there seems to be two who'd rather wait before they take a drink...
...protect innocent employees and shareholders, who ultimately lost their life savings." And it's not just the Waxmans of the world that Bush has to worry about. Louisiana Republican Billy Tauzin, chairman of the House Energy and Commerce Committee, the first to announce a formal congressional probe, has already sent investigators to the Houston offices of both Enron and its accounting firm, Arthur Andersen...
...terrorist talent spotters since it attracts mainly young worshipers, including ex-convicts it helps rehabilitate. A criminal background is a useful indication that the candidate is not afraid to break the law. Recruiters often approach their targets at small, private Islamic study groups that meet outside the mosques. They "probe the psychological makeup of a possible operative," says Ranstorp. "You must display extreme calm in stressful situations...