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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.

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Wall Street Greets Pitt's Departure with Relief

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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.