The 21% raise he slipped into Sarbanes‑Oxley that toppled his chairmanship
A financial regulator, appointed to restore trust, tries to raise his own salary by 21% during a market crisis. The move is hidden in an anti-corruption bill.
The 21% raise he slipped into Sarbanes‑Oxley that toppled his chairmanship
This episode explores the career of Harvey Pitt, from his upbringing in Brooklyn to becoming the youngest general counsel in SEC history. It details his controversial tenure as SEC chairman, marked by a significant misstep that ultimately led to his resignation.
Person: Harvey Pitt
Date: November 5, 2002
Location: Washington D.C.
Event: Resignation as SEC…
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