Regulators’ proposals for reform of Wall Street practices do not even come close to addressing the problem. 8 Nov 2002
SEC needs poacher turned gamekeeper 7 Nov 2002 Pitt's successor needs a better feel for the markets. The SEC's first head, Joe Kennedy, was a successful speculator in the roaring `20s. The next chair should have a reputation for integrity and a profound understanding of the tricks that companies and investment banks play.
US election may bring economic regime change 4 Nov 2002 At first blush, Tuesday's vote looks like a snooze for financial markets. Bereft of campaign glare, corporate governance may wither. But investors may find solace from a new Bush economic squad.
Time for SEC’s Harvey Pitt to go 1 Nov 2002 The man entrusted with Wall Street disclosure has shown an inability to, well, disclose. His judgment has been poor. And his failure to respond to the lynching mood of the afterbull market created a vacuum quickly filled by vigilantes.
Sandy Weill in NY attorney general’s crosshairs 23 Oct 2002 The crusading Eliot Spitzer is turning his attention from Citigroup, the bank, to the man who built it. By going after Weill, Spitzer is raising the stakes in his duel with Wall Street. Its outcome may determine more than the fate of research.