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Keywords For Harvey Pitt: Honor and Dignity
BACKGROUND:
A
parade of corporate fraudsters and lack of corporate accountability policies
has led to calls for Pitt's resignation. The fact that Pitt promised a
"kinder, gentler SEC" did not help his image as a corporate lackey.
AMMO
(Honor and Dignity)
FACT:
It was revealed that George W. Bush's pick for chief of the US Securities
and Exchange Commission, Harvey Pitt, was hired by New Frontier Media back
in 1999 to help the firm keep its NASDAQ listing. Pitt obviously did a
good job - the company is indeed still out there exploiting the "New Frontier"
by distributing teen sex videos and other "adult entertainment" online.
New Frontier Media's website reveals that their growth strategy revolves
around "key opportunities" and "strategic partnerships."
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