Friday, April 23, 2010

SEC officials watching porn on taxpayer's dime

http://abcnews.go.com/GMA/sec-pornography-employees-spent-hours-surfing-porn-sites/story?id=10452544

The investigation, which was conducted by the SEC's internal watchdog at the request of Sen. Chuck Grassley, R-Iowa, found 31 serious offenders during the past two and a half years. That's less than 1 percent of the agency's 3,500 employees but 17 of the alleged offenders were senior SEC officers whose salaries ranged from $100,000 to $222,000 per year.

One senior attorney at SEC headquarters in Washington spent up to eight hours a day accessing Internet porn, according to the report, which has yet to be released. When he filled all the space on his government computer with pornographic images, he downloaded more to CDs and DVDs that accumulated in boxes in his offices.

An SEC accountant attempted to access porn websites 1,800 times in a two-week period and had 600 pornographic images on her computer hard drive.

Meanwhile, crooks like Bernie Madoff and "Sir" Allen Stanford were ripping off billions from unsuspecting suckers...er "investors". The SEC also managed to look the other way, while big banks were committing hari kari on the nation's retirement and pension funds.

Government dollars: hard at work. No pun intended.

By the way, even if there are truths in the allegations, this is no doubt a smear campaign against the SEC, probably instigated by the very firms who are being charged with fraud, which will go unnamed. Connect the dots, dear readers. This is a false choice between the bad guys and the bad guys.

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