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Harvey Pitt resigns as chairman of the Securities and Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. Hear NPR's Jim Zarroli and James Cox of Duke University.

Commentator Morton Dean is puzzled that voters did not hold members of Congress and President Bush accountable for the security lapses that resulted in the September 11th terrorist attacks. Dean says he's surprised that the attacks were not raised as an issue in the election campaign.

A new report released today by the General Accounting Office says the Internal Revenue Service had botched a multi-billion dollar modernization project. The project, to replace the agency's thirty-year-old computer system, has already cost taxpayers more than four billion dollars. The GAO says the new system is way over budget, far from being finished, and riddled with problems. NPR's John Nielsen reports.

the Clinton Administration out of expanding a law requiring them to detail all the chemicals that go into plants and factories. Environmentalists are pushing for the expansion, to hold the chemical industry accountable for accidents and toxic pollution.

NPR's John Ydstie concludes his series on reforming the social security system with an examination of the plan favored by the advisory council's chairman, Ned Gramlich. Gramlich's proposal occupies the middle ground between the other two plans. It also relies on the financial markets to boost retiree benefits, but without redirecting a large chunk of the payroll tax into personal retirement accounts.

Harvey Pitt resigns as chairman of the Securities Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. NPR's Scott Horsley reports.

Harvey Pitt resigns as chairman of the Securities and Exchange Commission. Pitt had a stormy 15-month tenure as SEC chief and was recently under fire for his handling of the appointment of William Webster to head an accounting oversight board. Hear NPR's Jim Zarroli.

Six University of Maryland students admit they got extra help on an accounting exam by surreptitious use of cell phones. (At least they weren't driving.) Also, a Norwegian lawmaker apologizes for playing a war game on a pocket computer at a most inappropriate time.

NPR's David Welna reports on President Bush's newly revealed Social Security Commission. The panel is supposed to develop a Social Security reform plan by next fall. Democrats on Capitol Hill were unenthusiastic about the announcement, claiming Bush stacked the deck against them by loading the commission with members who all favor personal retirement accounts.

President Bush's plan to allow private accounts for Social Security may send a lot of business to Wall Street; but lobbyists for reform say the returns for financial firms are not necessarily so great. NPR's Peter Overby reports.