Saturday, December 20, 2008

But, It Showed Initiative

SEC Report: Employees Browsed Porn, Ran Private Businesses

"The report, released the day after Thanksgiving, reveals that some employees at the agency were clearly preoccupied with matters other than their mission of "protecting investors and maintaining fair, orderly, and efficient markets." The semi-annual report to Congress, which covers the period from this past April to September, details among other things a handful of employees circumventing internal controls to download porn"

"Investigators found employees in separate offices operated private photography businesses out of the commission:
An employee repeatedly and flagrantly used Commission resources, including Commission Internet access, e-mail, telephone and printer, in support of his private photography business for several years."

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