Nero Regulators: SEC Execs fiddled with porn up to 8 hours per day while economy burned

The timing on this story is amazing.  First, the SEC - our benevolent regulator - accuses Goldman of financial misconduct just minutes after a plea for more regulation.  Than an internal investigation into the SEC - our benevolent regulator - surfing porn while economy crashed the next day. 

The memo was caught by AP.  It was put out by David Kotz is the Inspector General of the U.S. SEC itself.  Prior to his work at the SEC he was the Inspector General of the Peace Corp. I doubt that this guy is a liberty lover, but probably like any lawyer he likes his name to be known.  Via National Post:
One employee at the SEC's Washington headquarters spent as many as eight hours a day downloading explicit images. When he ran out of space on his hard drive, he started burning the pornography onto CDs and DVDs, which he kept in boxes around the office. He later resigned, the memo said.

Another employee tried to access porn sites 16,000 times in a single month. That works out to more than 500 times a day, assuming a 31-day month. One hopes it was not in February.

And a female SEC accountant attempted to log on to sex sites 1,800 times in a two-week period (129 times a day) and had 600 pornographic images on her hard drive.

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

The thing that really boggles is my mind is that this is what they did all day long.  Also, there were female execs doing the same.  I thought that was primarily a guy problem.  


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