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  #1  
Old 04-23-2010, 10:33 AM
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Porn caused Financial Crisis?

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We should have known.
http://www.theatlantic.com/business/...-crisis/39414/

The above headline might seem like a joke. It isn't. Senior staffers at the Securities and Exchange Commission were surfing Internet pornography when they should have been policing the financial system. A deeply disturbing SEC memo to Senator Chuck Grassley (R-IA) exposing this problem was reported Thursday night by ABC News. Here are some highlights via the Associated Press:
  #2  
Old 04-23-2010, 10:38 AM
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Figures. I'd be a lot more productive if the internet were so full of naked people.
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  #3  
Old 04-23-2010, 10:40 AM
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"When on the verge of the most major economic crisis in around 80 years, they were watching porn instead of the financial system."

actually, i probly would be too.


don't worry, chuck is the man. he will clean this up.
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  #4  
Old 04-23-2010, 10:40 AM
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Sorry, I missed that, I was bewb-ooglin'.
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Old 04-23-2010, 10:41 AM
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Also, bewbs caused the recent earthquakes.
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Old 04-23-2010, 10:43 AM
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Also, bewbs caused the recent earthquakes.
no dude, that was deepak chopra.

or does he have a nice rack? i guess i haven't noticed....
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  #7  
Old 04-23-2010, 10:46 AM
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How the eff does a government agency not have firewalls up to block people from going to those sites on the clock? I would think that's just a given.

We are simply getting what we deserve by lowering our standards, not being more critical of our government and refusing to hold anyone accountable for anything.
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Old 04-23-2010, 10:47 AM
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Maybe they were just confused, and were under the impression that they were supposed to keep tabs on their spank banks.
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Old 04-23-2010, 10:48 AM
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Wow. Sixteen people surf for porn and the whole economy implodes? Excuse me, I think that's my reality check buzzer going off....
  #10  
Old 04-23-2010, 10:53 AM
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The headline is more than a little sensational--the SEC has 3800 employees, after all. But this is certainly embarrassing and disappointing for them.
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  #11  
Old 04-23-2010, 10:56 AM
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Where I work, the IT group scans company PCs for inappropriate files. If porn is found on your PC it's cause for immediate termination. (That would be a difficult conversation with your spouse.) Maybe only 16 documented incidents but seeing how things played out it might have just been the tip of the iceberg; poor accountability in government...

Last edited by 5StringPocket : 04-23-2010 at 10:59 AM.
  #12  
Old 04-23-2010, 10:58 AM
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Wonder which site distracted the guy charged with watching Madoff?
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Old 04-23-2010, 11:01 AM
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Maybe Madoff sent him the link?
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Old 04-23-2010, 11:03 AM
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"When on the verge of the most major economic crisis in around 80 years, they were watching porn instead of the financial system."
I definitely am not a regulator, then. I was the verge. Should I blame my GF?
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Old 04-23-2010, 11:08 AM
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Maybe Madoff sent him the link?
Even Madoff said he could not understand how the SEC didn't catch him, guess we know now.
  #16  
Old 04-23-2010, 11:12 AM
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This story is obviously bogus. Everyone knows there's no porn on the internet.
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Old 04-23-2010, 11:16 AM
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^ you must have very restricted access
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  #18  
Old 04-23-2010, 11:29 AM
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It does put a whole new spin on the term, "money shot".
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Old 04-23-2010, 11:38 AM
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Quote:
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It does put a whole new spin on the term, "money shot".
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  #20  
Old 04-23-2010, 12:09 PM
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Thank you!

(Hey, I think I played a gig with that drummer one time....)
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