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Harvey Pitt's Headache
The Economist
Oct. 8, 2002 Excerpt: [A]n embarrassing public row erupted over the new Public Company Accounting Oversight Board (PCAOB), which is being set up under the Sarbanes-Oxley Act to replace the ineffective, industry-dominated Public Oversight Board ... [H]e has been forced to admit publicly that John Biggs, an economist and [TIAA-CREF] pension-fund manager who had been due to become the board's chairman, had not been offered the job after all. MORE >> |
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