A former regional supervisor at the Securities and Exchange Commission missed an alleged $550 million Ponzi scheme that was unfolding at the same time he was caught accessing pornography on his office computer, according to a report obtained by CNBC. Go To Site

Government, Incompetence, Sex, Financial, Funny

March 8, 2011 (CHICAGO) (WLS) -- The U.S. Securities and Exchange Commission has now disciplined 33 employees for accessing pornography while on the job, using government computers.

In this Intelligence Report: Many of them were lawyers and senior officials, and some were in Chicago.

Government, Incompetence, Sex, Degeneracy, Financial, Funny

Probe finds senior SEC staff watched porn on gov't computers as economy tanked

Government, Incompetence, Sex, Degeneracy, Financial, Funny

A former regional supervisor at the Securities and Exchange Commission missed an alleged $550 million Ponzi scheme that was unfolding at the same time he was caught accessing pornography on his office computer, according to a report obtained by CNBC.

Government, Incompetence, Sex, Degeneracy, Financial, Funny

Probe finds senior SEC staff watched porn on gov't computers as economy tanked

Government, Incompetence, Sex, Degeneracy, Financial, Funny

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.

Government, Incompetence, Sex, Degeneracy, Financial, Funny

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 ink, according to a memo released Thursday night.

Government, Incompetence, Financial

NBC’s Peter Alexander reports on SEC Inspector General David Kotz’s jailhouse interview with Bernard Madoff. Madoff mocked the SEC’s incompetence in the interview, and said he was stunned by its inability to catch him.

Government, Incompetence, Sex, Degeneracy, Financial, Funny

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 ink, according to a memo released Thursday night.

Government, Incompetence, Financial

The Wall Street Journal
has published a detailed account of private fraud investigator Harry Markopolos's efforts over the past 10 years to persuade the SEC that Bernie Madoff was running a gigantic Ponzi scheme

Government, Incompetence, Financial

Last November, the G.A.O. said that the commission’s books were in such disarray that it had failed at some of the agency’s most fundamental tasks: accurately tracking income from fines, filing fees and the return of ill-gotten profits.