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Embattled Pitt Resigns as SEC Chief

Harvey Pitt resigns as chairman of the Securities Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. NPR's Scott Horsley reports.

Copyright 2002 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.