Shoving aside speculation that he would return to his role as a tough corporate lawyer, former Securities and Exchange Commission chairman Harvey Pitt announced plans this week to form a crisis-management consultancy.

No stranger to controversy, Pitt, who resigned in November over a flap on his nomination to head the new accounting oversight board, said his new company will specialize in both crisis management and corporate governance issues relating to the passage of Sarbanes-Oxley.

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