SEC Report: Employees Browsed Porn, Ran Private Businesses – ProPublica
Guess this is why the SEC couldn’t ever figure out what Madoff was up to.

SEC Report: Employees Browsed Porn, Ran Private Businesses – ProPublica: “
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SEC Report: Employees Browsed Porn, Ran Private Businesses
by Jake Bernstein, ProPublica – December 19, 2008 5:01 pm EST
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The Securities and Exchange Commission is taking a drubbing these days for its abject failure―despite detailed tips―to catch Bernie Madoff in what appears to be the biggest Ponzi scheme in our nation’s history.
Now, thanks to little-noticed report from the agency’s inspector general, we have a detailed glimpse into other bad behavior by some SEC empl”
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Madoff should be sent back to jail to await his trial.
He is a great risk for flight and is said to be sending jewelry offshore for safety or use later when he takes flight.
Also, the SEC should be given a 5% haircut. Fire the TOP 5%, starting with COX, and let that be a lesson. That would get their attention and those left to carry on would be focussed on their job which is to seek out and prosecute fraud.
Don’t let Cox slip quietly into the night. Fire him!