Pitt resigns as SEC chairman under pressure
Washington AP reports that Securities and Exchange Commission Chairman Harvey Pitt resigned Tuesday night amid political missteps reflecting strain on the Bush White House. He cited turmoil at the agency and said stepping aside would help the SEC press on with its work.
MENTIONED IN THIS ARTICLE
Pitt
SEC
Washington
Securities and Exchange Commission
Harvey Pitt
Bush White House
President Bush
White House
Bush
Webster
WorldCom expands civil fraud case and restatement
The SEC broadens WorldCom fraud charges and the company raises its earnings restatement to over 9 billion dollars. WorldCom says talks with the SEC are ongoing and that additional restatements do not affect service or bankruptcy plans, noting cash and credit access currently exceed one billion dollars.
MENTIONED IN THIS ARTICLE
Washington
WorldCom
Securities and Exchange Commission
Telecom Compa
Abii Tion
Enron
Farm Credit Services of Mid-America Ohio Home Loans
Farm Credit Services of MidAmerica offers home and construction loans across Ohio for over 80 years. Call toll free to connect with the nearest office and start a quick, same day approval process.
MENTIONED IN THIS ARTICLE
Farm Credit Services
Mid-America
Ohio
FCS
A Farm Credit Services OF
Stocks rise on GOP sweep hopes in Election Day trading
New York investors sent the Dow up 106.67 points to 8678.27 as a Republican sweep boost lifted tech shares. The Nasdaq rose 4.63 to 1401.17 and the S&P 500 gained 7.04 to 915.39 amid Fed rate-cut expectations and election optimism. Boeing, Johnson & Johnson, and Philip Morris posted gains while Adobe slipped after a downgrade.
MENTIONED IN THIS ARTICLE
New York
Dow and Standard & Poor
Congress
Federal Reserve
Senate
Peter Cardillo
Global Partners Securities
Standard & Poor
Bryan Piskorowski
Prudential Securities
House
Fed
Boeing
Johnson & Johnson
Philip Morris
Cisco Systems
Adobe Systems
Deutsche Securities
New York Stock Exchange
Japan
Europe
France
Britain
Germany
Fed seen cutting key interest rate to 1.5 percent
Economists expect the Federal Open Market Committee to trim the benchmark rate by 25 basis points to 1.5 percent, citing a fragile economy. Analysts warn the move could calm nervous markets, while growth is projected to slow to 1.5 to 2.5 percent in Q4.
MENTIONED IN THIS ARTICLE
Federal Reserve
Federal Open Market Committee
Robert T. Sweet
Allied Investment Advisors
Baltimore
Fed
Carl R. Tannenbaum
LaSalle/ ABN AMRO Bank
Chicago
Also Mentioned on This Page
Bles
Global Crossing
William Webster
Accounting Industry
CIA
FBI
Ny In Jue
Todd Caddy
Matt
Andy
Joe Thielen
Thielen
Pierz, Minn
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