In a sad kind of way, it's funny that big shots at the SEC, guys making in excess of $200,000 a year, turn out to be scumbags just like the creepy guy down the block. What in the hell can these people be thinking? Is there anyone, at all, left in our government who is actually a decent human being? Everyday it seems some new damning evidence comes out about perversion or tax fraud or election fixing or misappropriation of funds or misuse of government property or something bad. How have we come to this? I'm sure political correctness has a lot to do with it. My god people, is everyone in this country but me afraid to call it like they see it? Our government has absolutely ZERO credibility. Somebody needs to grow a set of balls and clean house, top to bottom.
BY Leo Standora - DAILY NEWS STAFF WRITER
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.
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