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Embattled Pitt Resigns as SEC Chief

Harvey Pitt resigns as chairman of the Securities Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. NPR's Scott Horsley reports.

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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
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