Harvey Pitt on Sarbanes-Oxley

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June 28 (Bloomberg) -- Harvey Pitt, former U.S. Securities and Exchange Commission chairman and now chief executive officer of Kalorama Partners LLC, talks about the U.S. Supreme Court's ruling that Congress violated the Constitution when it set up an auditing board after the Enron Corp. and WorldCom Inc. collapses. The 5-4 decision stopped short of ordering the work of the Public Company Accounting Oversight Board to stop, instead saying the SEC must have unfettered power to fire the board’s members. Pitt speaks with Margaret Brennan on Bloomberg Television's "InBusiness." (Source: Bloomberg)

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