Saturday, November 09, 2002

The party of personal responsibility:


"My tenure at the SEC has been shorter than I expected," Pitt said in a speech to the Securities Industry Association annual meeting in Boca Raton, Fla.

"I hope my successor isn't greeted with the same climate of attack and partisanship," he said. "It's easy to find fault, and it's easy to criticize. In a partisan environment,
criticism often devolves into attack. This doesn't help anyone. In fact, it's not just unproductive, it's counterproductive."

People close to Pitt said his comments yesterday fit with what he has said in private since he announced his resignation on election night. They said he has taken no
responsibility for the problems he compounded through his actions.

"There has never been a Washington contretemps based on so much nothing," Pitt told friends about his unceremonious departure. "It is very tough. It is disappointing."