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Mon Nov 19, 2012, 09:39 PM

 

SEC Rocked By Lurid Sex-and-Corruption Lawsuit

Source: Rolling Stone

Move over, adulterous generals. It might be time to make way for a new sexual rats'nest at America's top financial police agency, the SEC.

In a salacious 77-page complaint that reads like Penthouse Forum meets The Insider meets the Keystone Kops, one David Weber, the former chief investigator for the SEC Inspector General's office, accuses the SEC of retaliating against Weber for coming forward as a whistleblower. According to this lawsuit, Weber was made a target of intramural intrigues at the agency (which has a history of such retaliation) after he came forward with concerns that his bosses may have been spending more time copulating than they were investigating the SEC.

Weber claims that in recent years, while the SEC Inspector General's office has been attempting to investigate the agency's seemingly-negligent responses in such matters as the Bernie Madoff case and the less-well-known (but nearly as disturbing) Stanford Financial Ponzi scandal, two of the IG office's senior officials former Inspector General David Kotz and his successor, Noelle Maloney were sleeping together.

Weber also claims that Kotz was also having an affair with a lawyer representing a key group of Stanford victims, a Dr. Gaytri Kachroo. Where the story gets really strange is where Weber claims that Maloney last year refused to meet with Kachroo as part of the Stanford investigation. By then, Kotz had stepped down as SEC IG and Maloney had replaced him as Acting IG. The complaint describes Weber confronting Maloney over the issue, asking why she wouldn't meet with the lawyer representing a key group of Stanford victims.


Read more: http://www.rollingstone.com/politics/blogs/taibblog/sec-rocked-by-lurid-sex-and-corruption-lawsuit-20121119



No wonder the agency's responses seemed "negligent." It seems they were otherwise occupied.

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Reply SEC Rocked By Lurid Sex-and-Corruption Lawsuit (Original post)
TPaine7 Nov 2012 OP
JDPriestly Nov 2012 #1
starroute Nov 2012 #4
Brickbat Nov 2012 #2
ancianita Nov 2012 #3
leftlibdem420 Nov 2012 #5

Response to TPaine7 (Original post)

Mon Nov 19, 2012, 10:23 PM

1. Were these philanderers political appointees or career employees?

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Response to JDPriestly (Reply #1)

Mon Nov 19, 2012, 11:11 PM

4. Kotz was appointed in 2007

According to http://en.wikipedia.org/wiki/H._David_Kotz he'd previously been a lawyer at several law firms and had then worked at the U.S. Agency for International Development.

And Maloney joined the SEC in 2005 after being with the U.S. Peace Corps and the National Institutes of Health.

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Response to TPaine7 (Original post)

Mon Nov 19, 2012, 10:52 PM

2. Haaaa, I thought they meant the Southeastern Conference.

And I was like, well no shit.

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Response to TPaine7 (Original post)

Mon Nov 19, 2012, 10:55 PM

3. Good news. Throw out the whole lot of them. Bunch of Wall St. lackeys.

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Response to TPaine7 (Original post)

Tue Nov 20, 2012, 12:02 AM

5. Wonder if they're sharing Petraeus' GOP "hookers"?

 

I don't feel bad insulting these women.

1. They're wealthy socialites who are known to be active in the Republican Party.
2. In knowingly sleeping with a famous married man who was not in an open marriage, they knowingly did something incredibly unethical with a high risk of it becoming a public scandal and a national issue issue and therefore deserve to be shit on for it.
3. If a female officer did this to her husband, I'd show the men she slept with the same level of disrespect.

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