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Saturday, December 20, 2008

Whack Madoff or Mad Whack Off?

A recent report on the Securities & Exchange Commission gives us a glimpse into why the SEC failed to uncover Bernie Madoff's Ponzi scheme:

[Investigators] uncovered evidence that an employee who was still in his
probationary period had used his SEC laptop computer to attempt to access
Internet websites classified as containing pornography, resulting in hundreds of
access denials. The OIG investigation also disclosed that this employee
successfully bypassed the Commission’s Internet filter by using a flash drive.
So this guy tried to look at porn using a computer given to him by the government but was blocked hundreds of times (duh!). Still determined to view his precious porn, this government employee figured out that he could bypass the blocking software by using a flash drive (I'm assuming he used some sort of program to hide or change the incoming IP address). If only he practiced this kind of persistence and dedication in trying to stop a $50 billion fraud during a recession.

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