William Webster Resigns William Webster steps down as head of a new accounting oversight board created to regulate the troubled auditing industry. His appointment was mired in controversy after reports that SEC Chairman Harvey Pitt failed to inform commissioners that Webster once served on the board of a company accused of fraud. Pitt has also resigned. Hear NPR's Jim Zarroli.
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Webster Resigns as Head of Accounting Oversight Board

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Webster Resigns as Head of Accounting Oversight Board

Webster Resigns as Head of Accounting Oversight Board

Webster Resigns as Head of Accounting Oversight Board

  • Download
  • <iframe src="https://www.npr.org/player/embed/840829/840830" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

William Webster steps down as head of a new accounting oversight board created to regulate the troubled auditing industry. His appointment was mired in controversy after reports that SEC Chairman Harvey Pitt failed to inform commissioners that Webster once served on the board of a company accused of fraud. Pitt has also resigned. Hear NPR's Jim Zarroli.