Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Harvey Pitt


Related Topics

In the News (Sun 3 Jun 12)

  
  Harvey Pitt - Wikipedia, the free encyclopedia
Pitt graduated from the City University of New York Brooklyn College with a bachelor's degree in 1965 and from St.
Pitt was seen by many as an aggressive regulator, going after the greed, excesses and failures rampant in the last decade of the 20th century which surfaced on his watch.
Pitt was a founder and first president of the SEC Historical Society [1].
en.wikipedia.org /wiki/Harvey_Pitt   (267 words)

  
 SEC Biography: Chairman Harvey L. Pitt   (Site not responding. Last check: 2007-11-06)
Chairman Pitt had previously served as an attorney on the staff of the Commission from 1968 until 1978, the last three years of which he was the Commission's General Counsel.
Chairman Pitt also was a founding trustee and the president of the SEC Historical Society, and participated in a wide variety of bar and continuing legal education activities to further public consideration of significant securities law issues.
Chairman Pitt served as an Adjunct Professor of Law at Georgetown University Law Center (1975-84), George Washington University Law School (1974-82) and the University of Pennsylvania School of Law (1983-84).
www.sec.gov /about/commissioner/pitt.htm   (184 words)

  
 [No title]
Pitt was appointed by President George W. Bush to serve as the twenty-sixth Chairman of the United States Securities and Exchange Commission.
Pitt was responsible, among other things, for overseeing the SEC’s response to the market disruptions resulting from the terrorist attacks of 9/11, for creating the SEC’s “real time enforcement” program, and for leading the Commission’s adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
Pitt was a senior corporate partner in the international law firm, Fried, Frank, Harris, Shriver and Jacobson.
www.kaloramapartners.com /BiographyDetails.aspx?Id=1   (260 words)

  
 ITworld.com - Harvey Pitt resigns post as SEC chairman
Pitt cites the "turmoil" surrounding his chairmanship in the brief letter, a copy of which was provided by the White House.
Pitt, an attorney who previously counted among his clients many of the firms he was later charged with regulating as head of the SEC, was frequently attacked by critics for perceived conflicts of interest.
Pitt knew of Webster's service on the board of U.S. Technologies Inc. and of the charges against top executives of the nearly bankrupt company, but did not disclose that information to other SEC commissioners before they voted on Webster's nomination.
www.itworld.com /Man/2698/021106pitt/pfindex.html   (342 words)

  
 John Berlau on Harvey Pitt & Arthur Levitt on National Review Online
Pitt has been taken to task simply for meeting with the head of a firm that used to be his client.
Pitt disputed that there was any discussion of the ongoing probe, but says he'll refrain from meeting with officials of firms under investigation in the future to avoid appearance problems.
Pitt's alleged offenses pale when compared to Levitt's rampant cronyism, but the media have largely let Levitt's favoring of his friends escape notice, probably because they consider him to be on the "right side" of regulatory issues.
www.nationalreview.com /nrof_comment/comment-berlau070802.asp   (1327 words)

  
 PittBio   (Site not responding. Last check: 2007-11-06)
Pitt was appointed by President George W. Bush to serve as the 26th chairman of the United States Securities and Exchange Commission.
Pitt was responsible, among other things, for overseeing the SEC's response to the terrorist attacks of 9/11, for creating the SEC's real time enforcement program, and for leading the Commission's adoption of dozens of rules in response to the corporate and accounting crises generated by the excesses of the 1990s.
Pitt served as an adjunct professor of law at Georgetown University Law Center (1975 to 84), George Washington University Law School (1974 to 82) and the University of Pennsylvania School of Law (1983 to 84).
www.molloy.edu /ethics/PittBio.htm   (279 words)

  
 Why Did Harvey Pitt Crash and Burn at the SEC?: Archive Entry From Brad DeLong's Webjournal   (Site not responding. Last check: 2007-11-06)
Pitt had ultimately become a casualty of his personality, haunted by the ghost of his predecessor, and struggling to remain a loyal Republican without understanding how his partisanship at what is supposed to be an independent agency would alienate important Democrats.
Pitt's mishandling of the selection of the board was the last in a series of political blunders over the last year that have baffled his many admirers.
Pitt was so concerned about the premature disclosure of the new accounting board that he refused to tell his fellow commissioners about his choices until the morning of the actual vote, the commissioners complained.
www.j-bradford-delong.net /movable_type/archives/001120.html   (4012 words)

  
 JURIST - Branson: Pitt and the Pendulum: The Hard Life and Times of Harvey Pitt at the Securities and Exchange ...
Harvey Pitt was a graduate of St. John’s Law School in Jamaica, New York, an institution to which he remains fiercely loyal.
Pitt’s failure to disclose was a serious breach of the trust that SEC Commissioners repose in one another.
For Harvey Pitt to have “put one over on his fellow commissioners” was a major transgression, resulting in a rising chorus of voices calling for Pitt’s resignation.
jurist.law.pitt.edu /forum/forumnew69.php   (1232 words)

  
 USATODAY.com - Harvey Pitt resigns as SEC chief   (Site not responding. Last check: 2007-11-06)
Although Pitt got caught in numerous public-relations flaps during his tenure, his resignation stems directly from his handling of the appointment of former FBI director William Webster to head a new five-member panel charged with overseeing the accounting industry.
Pitt decided that the allegations about the firm, U.S. Technologies, were not worth relaying to other commissioners, or to the White House, before Webster's selection.
Pitt, an attorney who first worked at the SEC in the late 1960s, has been criticized for meeting with the heads of companies under SEC investigation and for his close ties to the accounting industry at a time when the commission is investigating major accounting fraud at big corporations.
www.usatoday.com /money/companies/regulation/2002-11-05-pitt-resigns_x.htm   (782 words)

  
 CNN.com - Robert Novak: The trial of Harvey Pitt - July 19, 2002
With Pitt appearing "slow and tepid in addressing accounting abuses," wrote the senator, "he has not distanced himself enough from former clients." The sole basis for those claims: Pitt has not participated in 29 SEC votes, mostly involving former law clients.
Pitt's "first speech" as SEC chairman, McCain said on ABC's "Good Morning America" July 11, "was that accountants would have a kinder and gentler SEC." Senate Majority Leader Tom Daschle, on CNBC's "Hardball" July 9, called for Pitt's dismissal and quoted him as saying: "We want a kinder and gentler SEC.
Harvey Pitt, the SEC's youngest general counsel ever at age 29, returned 26 years later with new recruits to breathe life and intensify oversight at a moribund commission.
archives.cnn.com /2002/ALLPOLITICS/07/19/column.novak   (675 words)

  
 Pitt, William on Encyclopedia.com   (Site not responding. Last check: 2007-11-06)
Pitt's policies included reduced expenditures, new taxes to decrease the national debt, and lower customs duties in accordance with the theories of Adam Smith.
Pitt's popularity increased steadily; when the king became temporarily insane (1788-89), the prime minister was able, despite the efforts of Fox, to prevent the establishment of an unlimited regency and remain in office.
When the French Revolution began (1789), Pitt's desire was for peace and neutrality, and after France finally declared war (1793) on Britain, he failed to foresee either the length or the seriousness of the conflict.
www.encyclopedia.com /html/P/Pitt-W12.asp   (845 words)

  
 The Pitt - Why SEC Chairman Harvey Pitt has failed. By Daniel Gross   (Site not responding. Last check: 2007-11-06)
Pitt, who has been whistling through the corporate scandals, has now thoroughly and spectacularly botched the nomination of William Webster to head the new accounting oversight agency.
Pitt's contempt for individual investors was evident in his failure to carry through on the offer to appoint former TIAA-CREF Chairman John Biggs to head the new accounting oversight agency.
Of all Pitt's transgressions, none has been more pathetic than his self-pitying denunciations of "guilt by occupation." From the outset, Pitt has made it seem as his critics were persecuting him for selflessly defending unpopular causes, as though he had been an ACLU lawyer.
slate.msn.com /?id=2073450   (1108 words)

  
 People's Weekly World Newspaper Online - Harvey Pitt, SEC head, shown the door   (Site not responding. Last check: 2007-11-06)
Harvey Pitt, the Wall Street yes man whom President Bush had appointed to head the Securities and Exchange Commission (SEC), was forced to resign on Nov. 5.
Pitt’s chicanery became public when a sharply-divided SEC voted 3-2 to appoint former FBI head Webster to the newly-created position in a move to hijack the congressional mandate for an independent oversight board to monitor the accounting industry.
Pitt knew all of this and recognized he had a problem: How to keep these unsavory facts about Webster hidden, not just from the public, but from the other four members of the SEC, as well.
www.pww.org /article/articleprint/2323   (710 words)

  
 Congress to Harvey Pitt: Are you nuts?   (Site not responding. Last check: 2007-11-06)
Securities and Exchange Commission Chairman Harvey Pitt, again exhibiting a flair for the political miscue, was under attack on Wednesday for suggesting he and his agency be promoted within the government.
Faced with bipartisan demands that he resign amid a stubborn crisis in investor mistrust, Pitt suggested to Congress that the SEC be put on par with the Federal Reserve, and that he be made the equal of Fed Chairman Alan Greenspan.
Pitt has battled persistent perceptions that he is too close to the corporations and accounting firms he once represented.
www.capitolhillblue.com /cgi-bin/artman/exec/view.cgi?archive=7&num=119&printer=1   (916 words)

  
 Internal Auditor: Pitt Appointed Sec Chair - Harvey L. Pitt - United States. Securities and Exchange Commission - Brief ...
WASHINGTON securities lawyer Harvey L. Pitt, 56, was officially sworn in as the 26th chairman of the U.S. Securities and Exchange Commission (SEC) on Aug. 3, just two days after the Senate confirmed his chairmanship with a unanimous vote.
Pitt was nominated for the position in July by U.S. President George W. Bush and received bipartisan praise and support during his Senate Banking Committee confirmation hearing later that month.
During the hearing, Pitt outlined several goals, including a promise to "focus on the agency's mission to nurture a climate that is conducive to, and encourages, the creation of capital." He called capital the "life blood" of innovation and charged the commission with a mandate to ensure efficient, cost-effective, and seamless capital raising.
www.findarticles.com /p/articles/mi_m4153/is_5_58/ai_79355699   (381 words)

  
 Harvey, William on Encyclopedia.com   (Site not responding. Last check: 2007-11-06)
Harvey was first to demonstrate the function of the heart and the complete circulation of the blood, a feat especially remarkable because it was accomplished without the aid of a microscope.
Loch, stock and two smoking barrels; Hettie Harvey revisits her childhood haunt of Argyll, and finds that Highland life is even more fun as a grownup.
Harvey Pitt, ex-président de la Commission des opérations de Bourse, le 6 novembre La dernière gaffe de M. Pitt était d'av.
www.encyclopedia.com /html/h/harveyw1.asp   (648 words)

  
 washingtonpost.com: Harvey Pitt Raises A Promotion Commotion
"Harvey Pitt was one of the youngest and most active general counsels in the history of the SEC, and now all of his assets are suddenly a source of criticism," Sen. Phil Gramm (R-Tex.) said, defending Pitt at a hearing last week.
It was not uncommon for Pitt to bill 3,000 hours a year, according to law firm sources, an astonishing total that has caused more than one lawyer who has worked for him to wonder how he could do much work for clients while performing so many other tasks, including running an active social life.
Pitt often says, "This is not meant as a criticism," before launching into a list of questions so long staffers emerge from the sessions feeling belittled, berated and most of all, unappreciated.
www.washingtonpost.com /ac2/wp-dyn/A60011-2002Jul24?language=printer   (1267 words)

  
 Harvey Pitt Quits SEC
Pitt's move came just as polls were closing across the country, a piece of timing that had the advantage of sparing the Bush administration further embarrassment heading into key congressional elections.
Dissatisfaction with Pitt peaked last week with a revelation that he failed to tell fellow commissioners potentially damaging information about William Webster, the newly appointed chairman of an accounting industry oversight board, before his election was voted on.
Pitt and the other two Republicans on the commission backed Webster, while the Democrats on the SEC favored John Biggs, the former head of the TIAA-CREF teachers' pension fund.
www.thestreet.com /stocks/brokerages/10052506.html   (371 words)

  
 SEC starts probe of Webster appointment - Nov. 1, 2002
While Pitt himself made the initial call for the investigation into Webster's appointment, the news is yet another fl eye for the SEC chairman, who has been charged by critics with being in the pocket of the accounting industry.
Webster had warned Pitt before the vote that he had recently headed the audit committee of a small publicly traded company, U.S. Technologies, based in Washington, D.C., that is facing allegations of fraud, according to a person familiar with Webster's discussions with Pitt.
Pitt is not behaving in a trustworthy manner that will bring credibility back to the market and restore investor confidence, and I again urge President Bush to ask Harvey Pitt to step aside from his post today," House Minority Leader Richard Gephardt, D-Mo., said in a statement.
money.cnn.com /2002/10/31/news/pitt_sec   (1103 words)

  
 Now, Harvey
Pitt had come to their conference and given a speech — but that was it.
The real question with Harvey Pitt—Harvey Pitt was the youngest general counsel in SEC history when he went to work there right out of law school.
The question is, is whether the Harvey Pitt who was the youngest general counsel of the SEC is now going to manifest himself, or whether we’re going to have a Harvey Pitt, who, in private practice for many years, represented the accounting interests and many other companies that are impacted by SEC action.
www.andrewtobias.com /bkoldcolumns/020716.html   (689 words)

  
 CNN.com - SEC chairman says he won't step down - July 15, 2002
Pitt's critics suggest he's too close to the financial industry to be an effective regulator.
Pitt told CBS' "Face the Nation" on Sunday that he will recuse himself on a case-by-case basis.
Pitt said he supports the Corporate Fraud Task Force appointed last week by President Bush to coordinate the government's investigation and prosecution of major financial crimes.
archives.cnn.com /2002/ALLPOLITICS/07/15/harvey.pitt   (756 words)

  
 The Rittenhouse Review
Pitt misled the public about the process of selecting a new board to oversee auditors, pretending he had not switched from a stronger candidate to a weaker one as a result of pressure from politicians or lobbyists.
Pitt, there appears to be no bottom to the hole he keeps digging for himself and the S.E.C. The new accounting oversight board was the centerpiece of the corporate reforms Congress passed this summer in the wake of the Enron and WorldCom scandals.
Pitt’s latest official act of stupidity was to force the appointment of former FBI and CIA director, former U.S. Circuit Court of Appeals judge, and Milbank Tweed Hadley & McCloy partner, William H. Webster as head of the new Public Company Accounting Oversight Board (PCAOB).
rittenhouse.blogspot.com /2002_10_27_rittenhouse_archive.html   (4517 words)

  
 The Troubles of Harvey Pitt: Archive Entry From Brad DeLong's Webjournal   (Site not responding. Last check: 2007-11-06)
Now of course we know that at just the time Pitt was parading these views corporate America was actually becoming a Hieronymus Bosch painting of fraud, skullduggery and 'aggressive accounting,' and that, if anything, the SEC hadn't done nearly enough to make folks behave.
Pitt is, in a word, toxic -- as welcome at your political fundraiser as a handfull of plutonium.
Pitt was brought in by a corrupt administration for one purpose and one purpose only - to castrate the SEC.
www.j-bradford-delong.net /movable_type/archives/000330.html   (963 words)

  
 Washington Bulletin by Ramesh Ponnuru on Harvey Pitt on National Review Online
Harvey Pitt may be an s.o.b., but nobody has made a good case that he should go.
Everybody knew about Pitt's ties to the industry when he was confirmed last year, of course — confirmed on a voice vote, indicating the lack of any opposition to him.
Sen. McCain says Pitt is the wrong man for the job, in part, because he rejects McCain's ideas about stock options and the separation of auditing from consulting.
www.nationalreview.com /ponnuru/ponnuru071702.asp   (934 words)

  
 theage.com.au - The Age
Harvey Pitt has been criticised for failing to tell fellow commissioners all he knew of William Webster's business dealing.
Harvey Pitt has resigned as chairman of the US Securities and Exchange Commission, after a year of criticism that he was too cosy with the accounting industry.
Mr Pitt said his resignation would be effective as soon as he could help the president's staff ensure a smooth transition of leadership, SEC spokeswoman Christi Harlan said.
www.theage.com.au /articles/2002/11/06/1036308363650.html   (431 words)

  
 Harvey Pitt - Why the accounting scandals aren't his fault. By Chris Suellentrop   (Site not responding. Last check: 2007-11-06)
Since Pitt became chairman, critics have blasted him for cozying up to accounting firms and their lobbyists while developing a new regulatory plan for the accounting industry, and for meeting privately with the chairman of KPMG, one of the nation's major accounting firms.
Pitt came into office pledging a "kinder and gentler" SEC, and his conciliatory style contrasted with the adversarial approach that his predecessor Arthur Levitt took to the job.
But Pitt's plan was derided as "a toothless tiger" by Senate Majority Leader Thomas A. Daschle (D-S.D.), who favors a bill that won approval from the Senate Banking Committee, with six of the panel's 10 Republicans backing a solid Democratic majority.
slate.msn.com /id/2067755/device/html40   (1398 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.