SEC high ranking officials watching porn at work
- Thread starter Topspin
- Start date
Heard it on the news this morning. Let me beat some to it:
Bet they were Republicans!!
Oh, and let me beat some more to it:
Bet they were Democrats!!
They deserve to get canned.
Bet they were Republicans!!
Oh, and let me beat some more to it:
Bet they were Democrats!!
They deserve to get canned.
OK Topper, that was funny. 
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this thread is meaningless without pics
Cancel 2018. 3
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Barney Frank Blames SEC Porn Scandal On Republicans
http://www.realclearpolitics.com/vi...k_blames_sec_porn_scandal_on_republicans.html
http://www.realclearpolitics.com/vi...k_blames_sec_porn_scandal_on_republicans.html
signalmankenneth
Verified User
SEC staffers watched porn as economy crashed???
SEC staffers watched porn as economy crashed—-Who gets fired????
April 23, 2010 — budsimmons
SEC staffers watched porn as economy crashed
By DANIEL WAGNER
The Associated Press
Friday, April 23, 2010; 1:25 AM
WASHINGTON — Senior staffers at the Securities and Exchange Commission spent hours surfing pornographic websites on government-issued computers while they were being paid to police the financial system, an agency watchdog says.
The SEC’s inspector general conducted 33 probes of employees looking at explicit images in the past five years, according to a memo obtained by The Associated Press. The memo says 31 of those probes occurred in the 2 1/2 years since the financial system teetered and nearly crashed.
The staffers’ behavior violated government-wide ethics rules, it says.
It was written by SEC Inspector General David Kotz in response to a request from Sen. Charles Grassley, R-Iowa.
The memo was first reported Thursday evening by ABC News. It summarizes past inspector general probes and reports some shocking findings: - A senior attorney at the SEC’s Washington headquarters spent up to eight hours a day looking at and downloading pornography. When he ran out of hard drive space, he burned the files to CDs or DVDs, which he kept in boxes around his office. He agreed to resign, an earlier watchdog report said.
- An accountant was blocked more than 16,000 times in a month from visiting websites classified as “Sex” or “Pornography.” Yet he still managed to amass a collection of “very graphic” material on his hard drive by using Google images to bypass the SEC’s internal filter, according to an earlier report from the inspector general. The accountant refused to testify in his defense, and received a 14-day suspension.
- Seventeen of the 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.”
He said in a statement that SEC officials “were preoccupied with other distractions” when they should have been overseeing the growing problems in the financial system. An SEC spokesman declined to comment Thursday night. About 16 percent of men with Internet access at work admit to looking at online porn while at the office, according to a 2006 survey by Websense Inc.
Former SEC spokesman Michael Robinson said he shares the public’s outrage about SEC staffers who enjoyed porn on the taxpayer dime when they were supposed to be keeping the markets safe.
“That kind of behavior is just intolerable and atrocious,” said Robinson, now with Levick Strategic Communications. He said he expects SEC Chairman Mary Schapiro and her team are “very focused on” the issue.
Schapiro has had other worries in recent days. She has been parrying Republican attacks after announcing civil fraud charges Friday against Wall Street powerhouse Goldman Sachs Group Inc.
Agency officials had hoped the charges would mark a new era of tougher oversight of Wall Street. They followed high-profile embarrassments including the failure to catch Ponzi kings Bernard Madoff and R. Allen Stanford.
But soon after Goldman charges were filed, Republicans began questioning the timing of the announcement. The news came as the Senate prepared to take up a sweeping overhaul of the rules governing banks and other financial companies.
Republican lawmakers also accused the SEC of being influenced by politics. The SEC’s commissioners approved the Goldman charges on a rare 3-2 vote. The two who objected were Republicans.
Schapiro is a registered independent who has been appointed by presidents of both parties.
I wonder if these SEC employee's watching porn were republicans? signal
SEC staffers watched porn as economy crashed—-Who gets fired????
April 23, 2010 — budsimmons
SEC staffers watched porn as economy crashed
By DANIEL WAGNER
The Associated Press
Friday, April 23, 2010; 1:25 AM
WASHINGTON — Senior staffers at the Securities and Exchange Commission spent hours surfing pornographic websites on government-issued computers while they were being paid to police the financial system, an agency watchdog says.
The SEC’s inspector general conducted 33 probes of employees looking at explicit images in the past five years, according to a memo obtained by The Associated Press. The memo says 31 of those probes occurred in the 2 1/2 years since the financial system teetered and nearly crashed.
The staffers’ behavior violated government-wide ethics rules, it says.
It was written by SEC Inspector General David Kotz in response to a request from Sen. Charles Grassley, R-Iowa.
The memo was first reported Thursday evening by ABC News. It summarizes past inspector general probes and reports some shocking findings: - A senior attorney at the SEC’s Washington headquarters spent up to eight hours a day looking at and downloading pornography. When he ran out of hard drive space, he burned the files to CDs or DVDs, which he kept in boxes around his office. He agreed to resign, an earlier watchdog report said.
- An accountant was blocked more than 16,000 times in a month from visiting websites classified as “Sex” or “Pornography.” Yet he still managed to amass a collection of “very graphic” material on his hard drive by using Google images to bypass the SEC’s internal filter, according to an earlier report from the inspector general. The accountant refused to testify in his defense, and received a 14-day suspension.
- Seventeen of the 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.”
He said in a statement that SEC officials “were preoccupied with other distractions” when they should have been overseeing the growing problems in the financial system. An SEC spokesman declined to comment Thursday night. About 16 percent of men with Internet access at work admit to looking at online porn while at the office, according to a 2006 survey by Websense Inc.
Former SEC spokesman Michael Robinson said he shares the public’s outrage about SEC staffers who enjoyed porn on the taxpayer dime when they were supposed to be keeping the markets safe.
“That kind of behavior is just intolerable and atrocious,” said Robinson, now with Levick Strategic Communications. He said he expects SEC Chairman Mary Schapiro and her team are “very focused on” the issue.
Schapiro has had other worries in recent days. She has been parrying Republican attacks after announcing civil fraud charges Friday against Wall Street powerhouse Goldman Sachs Group Inc.
Agency officials had hoped the charges would mark a new era of tougher oversight of Wall Street. They followed high-profile embarrassments including the failure to catch Ponzi kings Bernard Madoff and R. Allen Stanford.
But soon after Goldman charges were filed, Republicans began questioning the timing of the announcement. The news came as the Senate prepared to take up a sweeping overhaul of the rules governing banks and other financial companies.
Republican lawmakers also accused the SEC of being influenced by politics. The SEC’s commissioners approved the Goldman charges on a rare 3-2 vote. The two who objected were Republicans.
Schapiro is a registered independent who has been appointed by presidents of both parties.
I wonder if these SEC employee's watching porn were republicans? signal
Cancel 2018. 3
<-- sched 2, MJ sched 1
kenneth is really barney frank
Cancel 2018. 3
<-- sched 2, MJ sched 1
lol
Billy the Great Khan
Uwaa OmO
Whatever, I get to drink on the job. That beats porn by 1,000,000 points.
FUCK THE POLICE
911 EVERY DAY
Well, if someone can stay employed while browsing porn 8 hours a day, it says a lot about the general work ethic at the SEC. I'm not sure if the browsing porn should even be the biggest story here. Someone who does that little work should've been fired ages ago.
Billy the Great Khan
Uwaa OmO
That assumes the guy watched porn instead of working, when he could possibly have been doing both at the same time.
who guards the guardians
DamnYankee
Loyal to the end
How many years did this go on before anyone noticed?
Minister of Truth
Practically Perfect
I dunno, who watches the Watchmen?