Regulators Sleep With Industry Prostitutes … While They Pimp Out the American People
by George Washington
ZeroHedge.com
07/16/2012
Regulators and Industry “Hook-Up”
There are some real connections between Wall Street and prostitution. See this, this and this.
Instead of using taxpayer-generated bailout money to help the economy, some banking executives used it for prostitutes and other gratifications.
The “regulators” who are supposed to act as watchdogs play a very similar game.
The Hill reported yesterday that investigators from the Treasury’s Office of the Inspector General found that some of the regulator’s employees surfed erotic websites, hired prostitutes and accepted gifts from bank executives … instead of actually working to help the economy.
Likewise, senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes.
The Minerals Management Service – the regulator charged with overseeing BP and other oil companies to ensure that oil spills don’t occur – was riddled with “a culture of substance abuse and promiscuity”, which included “sex with industry contacts”.
Government Exists to “Serve” Banks
The Rest…HERE
