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Porn-Surfing At The SEC: Senior Staffers Spent Time On That As Crisis Struck

An "agency watchdog" reports that "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," the Associated Press writes.

According to the wire service, it has obtained a memo showing that "the SEC's inspector general conducted 33 investigations of employees looking at explicit images in the past five years. ... The memo says 31 of those probes occurred in the 2 1/2 years since the financial system teetered and nearly crashed."

CNN says it also has a copy of the inspector general's report, and reports that its summary says:

"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."

The news network adds that "more than half of the workers made between $99,000 and $223,000. All the cases took place over the past five years."

As ABC News writes, "the Securities and Exchange Commission is supposed to be the sheriff of the financial industry, looking for financial crimes like Bernard Madoff's Ponzi scheme. But the new report, obtained by ABC News, says senior employees of the SEC spent hours on the commission's computers looking at sites like naughty.com, skankwire, youporn, and others."

According to the AP, "an SEC spokesman declined to comment Thursday night."

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