While we were getting screwed..... - PowerStrokeNation : Ford Powerstroke Diesel Forum
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post #1 of 100 (permalink) Old 04-23-2010, 03:20 AM Thread Starter
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While we were getting screwed.....

The Securities and Exchange Commission were watching other people screw.

SEC Officials Looking At Porn While Financial System Imploding(click here)

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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.

Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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post #2 of 100 (permalink) Old 04-23-2010, 03:50 AM
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Re: While we were getting screwed.....

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Originally Posted by AK Gandy View Post
The Securities and Exchange Commission were watching other people screw.

SEC Officials Looking At Porn While Financial System Imploding(click here)
It's just porn, what is the big deal?





































Where I don't agree with their actions and they should be outright fired, I would be more interseted in Freddie and Fannie being investagated than this. JMO

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post #3 of 100 (permalink) Old 04-23-2010, 04:07 AM
<<< THE GAUGE WHORE...
 
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Re: While we were getting screwed.....

We are worried about porn at this point???

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post #4 of 100 (permalink) Old 04-23-2010, 04:26 AM
Yeah, it's like that
 
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Re: While we were getting screwed.....

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We are worried about porn at this point???
17 employee's of up to $225K per yr, we will say all 17 were at $225k so $3.8 million that is a big number or .0027% of the $1.4 trillion budget deficit from last year.

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
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post #5 of 100 (permalink) Old 04-23-2010, 04:27 AM Thread Starter
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Re: While we were getting screwed.....

I don't know about you but, I'm worried about them doing their job.

Think: CDO's, Madoff and Sanford.

Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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post #6 of 100 (permalink) Old 04-23-2010, 04:29 AM
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Re: While we were getting screwed.....

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Originally Posted by ducatirider944 View Post
17 employee's of up to $225K per yr, we will say all 17 were at $225k so $3.8 million that is a big number or .0027% of the $1.4 trillion budget deficit from last year.
You got one hell of a calculator.

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post #7 of 100 (permalink) Old 04-23-2010, 04:32 AM Thread Starter
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Re: While we were getting screwed.....

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Originally Posted by ducatirider944 View Post
17 employee's of up to $225K per yr, we will say all 17 were at $225k so $3.8 million that is a big number or .0027% of the $1.4 trillion budget deficit from last year.
It's not their salaries that's the problem.

If you try to stretch your vision a bit, how much do you think was lost by not staying on top of derivatives and folks like Madoff and Sanford?

If an employee at a nuclear reactor were to be looking at porn, instead of their gages, and a disaster struck...........would the persons salary be the main thing you would be concerned about?

Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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I can be possible.
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post #8 of 100 (permalink) Old 04-23-2010, 04:38 AM Thread Starter
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Re: While we were getting screwed.....

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Originally Posted by ducatirider944 View Post
17 employee's of up to $225K per yr, we will say all 17 were at $225k so $3.8 million that is a big number or .0027% of the $1.4 trillion budget deficit from last year.
Better check your math, you're missing a few decimal places

Never have so many politicians, screwed so many Americans...just to make one black person lose his job.
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post #9 of 100 (permalink) Old 04-23-2010, 04:45 AM
<<< THE GAUGE WHORE...
 
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Re: While we were getting screwed.....

Again... I think we have more important things to worry about then Porn...

Doesnt matter what these guys were looking at, be it porn or googleing "taxes for dummys" they have and still now have no idea what there doing....

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post #10 of 100 (permalink) Old 04-23-2010, 05:04 AM
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Re: While we were getting screwed.....

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Originally Posted by AK Gandy View Post
It's not their salaries that's the problem.

If you try to stretch your vision a bit, how much do you think was lost by not staying on top of derivatives and folks like Madoff and Sanford?

If an employee at a nuclear reactor were to be looking at porn, instead of their gages, and a disaster struck...........would the persons salary be the main thing you would be concerned about?
What I'm saying is fuk the little bit of money that was wasted on porn, I want Freddie and Fannie looked into, you could buy a small collection of porn for every man, woman, and child (child's portion has to be held for them till they hit 18) for the money lost in the housing market and that is on the government's doorstep, but they won't look at it. I can't even count how many times Freddie and Fannie has been brought up and nobody will go looking into it. You seem to have no opinion on Freddie and Fannie, why is that? Hell it doesn't even have any ties to Obama other than he is just ignoring it.

Entrepreneurs and their small enterprises are responsible for almost all the economic growth in the United States.
Ronald Reagan
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