Wednesday, November 13, 2002

Closing Accounts at the PACOB-Someone notify NASA, Krugman must be floating real high today. A week after the critics were served the head of SEC chief Harvey Pitt, they got their desert plate of newly named Public Accounting Company Oversight Board chief William Webster, who resigned after a possible conflict of interest of his wasn't reported. Webster served stints as both FBI and CIA chief. I don't have a link for this, but I vaguely remember that he left the FBI job under fire due in part to some questionable expense accounts; if true, not a guy to be the head accounting watchdog. Does anyone have a better memory on this one?

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