Wall Street Greets Pitt's Departure with Relief Wall Street cheers the resignation of SEC chief Harvey Pitt. Pitt's departure -- and the resignation of the agency's chief accountant -- could imperil the appointment of ex-FBI and CIA director William Webster to head an accounting oversight board. Hear more from NPR's Scott Simon and Joe Nocera, executive editor of Fortune magazine.

Wall Street Greets Pitt's Departure with Relief

Wall Street Greets Pitt's Departure with Relief

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Wall Street cheers the resignation of SEC chief Harvey Pitt. Pitt's departure — and the resignation of the agency's chief accountant — could imperil the appointment of ex-FBI and CIA director William Webster to head an accounting oversight board. Hear more from NPR's Scott Simon and Joe Nocera, executive editor of Fortune magazine.