Wednesday, July 24, 2002

This is truly amazing [NYT]
Harvey L. Pitt, who barely goes a week without new calls for him to step down as chairman of the Securities and Exchange Commission because of his handling of the crisis in the markets, is asking Congress for a raise and more respect. Congressional aides and commission officials said today that in private discussions this week, Mr. Pitt had asked lawmakers to add a provision to the corporate and accounting bill moving swiftly through Congress that would elevate his office to the same rank as cabinet posts like secretary of state and attorney general.... Democrats and Republican critics of Mr. Pitt snickered at the proposal, which they said had no chance of passage and demonstrated Mr. Pitt's political tin ear.
But let's not forget the other self-righteous douchebag who started this.


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