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Author: Lokicious Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 10416  
Subject: The Pitt and the Pendulum (not swung with) Date: 10/8/2002 12:08 PM
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The [Senate report on SEC from yesterday] came as House Democrats criticized the SEC's reported rejection, amid Republican and industry opposition, of pension fund director John Biggs to head a new independent board to oversee the accounting industry.
``We strongly urge you to resist bowing to pressure to reject a candidate due to industry opposition,' wrote House Minority Leader Dick Gephardt, D-Mo., and other Democrats to SEC Chairman Harvey Pitt.
Biggs is chairman and chief executive of TIAA-CREF, a teachers' pension fund that is one of the nation's largest.


Like Buffett (and TMF), Biggs has been a strong critic on accounting issues and advocate for mutual fund investors for a long time.

Anyone heard anything more on this? Do I smell an angry Otter, fishing for a column?
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