Because, see, the GOP favors less regulation of Wall Street, which naturally was all the country’s chief securities policemen needed to know to justify spending thousands of work hours surfing sites like “skankwire.” Milton Friedman: The Larry Flynt of American political philosophy?
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.
The investigation, which was conducted by the SEC’s internal watchdog at the request of Sen. Chuck Grassley, R-Iowa, found 31 serious offen
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