Debbie Does Government Agencies too.

Instead of the S E C (the securities and exchange commission) doing their job, policing the financial system, they were downloading hours of porn on Government issued computers throughout the worst collapse of the economy in 70 years.
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.

Not only does this violate Government wide ethics rules but it was all done on... You guessed the American taxpayers expense.

The report comes just days after the
S E C charged Goldman Sachs with fraud and days before the Senate tries to overhaul the financial system.

The memo was written by SEC Inspector General David Kotz in response to a request from Republican Sen. Charles Grassley. 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.

Another Government Agency that fails to protect the markets and the American people.
Sent on the Sprint® Now Network from my BlackBerry®