On election night, everyone was expecting that there would be a shake-up among those in power. One thing that was not anticipated was that news of Harvey Pitt's resignation as chairman of the SEC would be announced late that night.
Not that Pitt's resignation was unexpected - a number of critics had been calling for his head for quite some time in recent months, while others had adamantly opposed his appointment 15 months ago. In covering the stories, it was obvious ...