The politics of "black gold" has always been a bit dirty. Come to think of it--all politics has always been a bit dirty.
A while ago I remarked that I hoped that both parties would remember there is a war going on--instead of fooling around with the 2004 ellection.
In regards to Pitt--here's the problem as I see it. (The stuff about Chaney and Bush was out there BEFORE the election--so the People have decided.)
Part of the problem is that there is no oversight at these Corperations as the Board of Directors are chosen for their croneyism--not their oversight. Some serve on 3-4 Bds. despite running a Co. of their own.
So they pick an "executive compensation committee" or "consultant" to pick the outrageous salary of the Honchos and give them stock options that dilute shareholders equity--without ever putting it to the Owners(the shareholders--in any meaningful way.
Arthur Anderson was a Consultant as well as Accounting firm.
Under the present rules they can be the same. So a Firm "advises" a Corp. on how to make money--and then declares their books to be Good ! YIPES !
Also the stock options are not counted as an "expense" on the Books--so 500 $million can walk out the back door and nobody is any the wiser --when they invest.
Pitt supports keeping the dual role of Accounting Firm/ Consultant despite the Conflict of Interest of declaring your own ideas and practices to be good ! He also opposes the "expensing" of stock options.
Sen. Cain, (Rep.AZ) opposes Pitt as SEC Chairman because of Pitt's support of these practices--or so Cain says. As do some Democrats say.
I have no doubt this is a lot of partisan politics --when both parties have their hands in the till.
Anyhow check out this Post dated a while ago.
http://www.techimo.com/forum/showthr...t=CEO+salaries
I have no doubt that this mess must be cleaned up. It is, as I wrote then, Anti-capitalist.
DOOOOOG
I think this might be foreshadowing. ...or them covering their butts for their slandering of Bush in NY and Wash DC (more info on the comercial here: 
Linear Mode
