Unbelievable:

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. He agreed to resign, an earlier watchdog report said.

An accountant was blocked more than 16,000 times in a month from visiting websites classified as "Sex" or "Pornography." Yet, he still managed to amass a collection of "very graphic" material on his hard drive by using Google images to bypass the SEC's internal filter, according to an earlier report from the inspector general. The accountant refused to testify in his defense and received a 14-day suspension.

This occurred under Christopher Cox's watch. Christopher Cox, George W. Bush's SEC Chairman, was asleep at the switch during the run up to the global financial crisis and he needs to be held accountable for failures like this. This failure to crack down on employees' porn habit is a sign of of the kind of inefficient and incapable office he ran. He needs to answer questions about his incompetence and failures. The Financial Crisis Inquiry Commission should subpoena Cox and hear his testimony.