sec chair is the pitts
The Rittenhouse Review wonders what the deal is with the Securities and Exchange Commission:
Securities and Exchange Commission Chairman Harvey Pitt submitted his resignation, under cover of darkness, more than two months ago.
And yet, there he sits, in all his sliminess, still on the commission, still casting votes, and, presumably, still influencing the agenda.
William H. Donaldson has been named Pitt’s successor by the Bush administration but he has not yet been nominated. What’s going on?