economy | The Clever Shark https://clevershark.com Bits and rants from Tony Emond Fri, 23 Apr 2010 05:16:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 127613282 An interesting twist to “fiddling while Rome burns” https://clevershark.com/2010/04/an-interesting-twist-to-fiddling-while-rome-burns/?utm_source=rss&utm_medium=rss&utm_campaign=an-interesting-twist-to-fiddling-while-rome-burns https://clevershark.com/2010/04/an-interesting-twist-to-fiddling-while-rome-burns/#comments Fri, 23 Apr 2010 05:16:53 +0000 http://clevershark.com/?p=1970 Continue reading An interesting twist to “fiddling while Rome burns”]]> As if there weren’t already enough known reasons that lead the North American economy to collapse in 08, here’s another — the SEC didn’t see anything bad developing because its staff was too busy looking at porn. So they didn’t see it coming because they were distracted looking at a lot of people coming. They lost sight of the money and concentrated on the money shots. [insert your own porn-themed joke here].

A senior attorney at the SEC’s Washington headquarters spent up to eight hours a day looking at and downloading pornography. When he ran out of hard drive space, he burned the files to CDs or DVDs, which he kept in boxes around his office.

Yes, perseverance is often something to be commended, but it’s really time for that guy to admit he has a problem.

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