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(390 words) SEC chief must go to restore confidence.(Knight Ridder/Tribune News Service)

Knight Ridder/Tribune News Service

| November 01, 2002 | COPYRIGHT 2002 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(390 words)

SEC chief must go to restore confidence

The following editorial appeared in the San Jose Mercury News on Thursday, Oct. 31:

X X X

When a bipartisan effort to restore investor confidence breaks down into partisan bickering, investors lose. When the person who is supposed to take a stand above the partisan fray on behalf of investors caves in to powerful special interests, investors lose. When that person, whose job it is to police the financial markets, fails to provide independent and credible leadership, investors lose.

The person is Securities and Exchange Commission Chairman Harvey Pitt. He has let investors ...

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Source: HighBeam Research, (390 words) SEC chief must go to restore confidence.(Knight...