Saturday, April 24, 2010

SEC staffers watched porn as economy crashed

April 24, 2010
SEC staffers watched porn as economy crashed

An agency report reveals that SEC employees and contractors cruised porn sites using government computers.
An agency report reveals that SEC employees and contractors cruised porn sites using government computers.

(CNN) – As the country was sinking into its worst financial crisis in more than 70 years, Security and Exchange Commission employees and contractors cruised porn sites and viewed sexually explicit pictures using government computers, according to an agency report obtained by CNN.

"During the past five years, the SEC OIG (Office of Inspector General) substantiated that 33 SEC employees and or contractors violated Commission rules and policies, as well as the government-wide Standards of Ethical Conduct, by viewing pornographic, sexually explicit or sexually suggestive images using government computer resources and official time," said a summary of the investigation by the inspector general's office.

More than half of the workers made between $99,000 and $223,000. All the cases took place over the past five years.

The inspector general's report includes specific examples of misuse by employees.

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