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SEC, watchdogs of SEX

Quote:

While economy crumbled, top financial watchdogs at SEC surfed for porn on Internet: memo

BY Leo Standora
DAILY NEWS STAFF WRITER

Originally Published:Friday, April 23rd 2010, 12:59 AM
Updated: Friday, April 23rd 2010, 7:31 AM

At the SEC, all they thought about was SEX.

The country's top financial watchdogs turned out to be horndogs who spent hours gawking at porn Web sites as the economy teetered on the brink, according to a memo released Thursday night.

The shocking findings include Securities and Exchange Commission senior staffers using government computers to browse for booty and an accountant who tried to access the raunchy sites 16,000 times in one month.

Their titillating pastime was discovered during 33 probes of employees looking at explicit images in the past five years, said the memo obtained by The Associated Press.

It says 31 of those probes occurred in the 2-1/2 years since the country's financial system nearly crashed.

The report was written by SEC Inspector General David Kotz in response to a request from Sen. Charles Grassley (R-Iowa).

Among the startling findings:

- A senior attorney at the SEC's Washington headquarters spent up to eight hours a day looking at and downloading pornography. When his government computer ran out of hard drive space, he burned the files to CDs or DVDs. He later agreed to resign.

- An accountant was blocked more than 16,000 times in a single month from visiting "sex" or "pornography" sites, but still managed to amass a collection of "very graphic" material by using Google to bypass the SEC's internal filter. He wound up with a 2-week suspension.

- Seventeen of the randy employees were "at a senior level" earning salaries of up to $222,418.

- The number of cases jumped from two in 2007 to 16 in 2008. The cracks in the financial system emerged in mid-2007 and spread into full-blown panic by the fall of 2008.

California Rep. Darrell Issa, the top Republican on the House Committee on Oversight and Government Reform, said it was "disturbing that high-ranking officials within the SEC were spending more time looking at porn than taking action to help stave off the events that put our nation's economy on the brink of collapse." An SEC spokesman declined to comment last night.

While economy crumbled, top financial watchdogs at SEC surfed for porn on Internet: memo

Okay, so the economy's tanking...and these guys are surfing porn.

Who the hell is driving this ship?

Wait, wait, wait... that one guy did 16,000 hits in an average work month? That's like 750 searches a day, 93 searches an hour.

Quote:

Originally Posted by Plan9 (Post 2781142)

Wait, wait, wait... that one guy did 16,000 hits in an average work month? That's like 750 searches a day, 93 searches an hour.

The dude's an accountant, and probably a highly talented one at that to be with the SEC.

He can probably dig up porn in ways and in quantities you've never imagined.

Quote:

Originally Posted by Baraka_Guru (Post 2781145)

The dude's an accountant, and probably a highly talented one at that to be with the SEC.

He can probably dig up porn in ways and in quantities you've never imagined.

As a guy who's spent the last decade building up hand-shaped callouses on his dick, I wonder: exactly how much porn does a man need to look at?

...

So what are they gonna call this little incident? Pornogate? Whackogate?

Talk about screwing the pooch!
**rimshot**

Quote:

Originally Posted by Baraka_Guru (Post 2781145)

He can probably dig up porn in ways and in quantities you've never imagined.

I believe I can beat that average, that is, if, you are attempting to throw down some sort of gauntlet!!

--------

Yeah, whenever a system is failing and you point your finger at inefficiency, chances are, more than often, you will be right. It's always someone slacking off that causes the issue. This holds true for almost every industry and job I've been at. If you told me these men surfing porn at work were the sole reason for the economy being gamed and manipulated then I would not be surprised.

The 16,000 number is also probably an embellishment of numbers. He probably tried to access a website like "tfp-tilted-sexuality" and was "blocked by websense; for the phrase 'sexuality' in the web address" (I've been spending more time at the library).