I posted on this a month ago, but apparently the media has picked it up today. Fine with me – it’s a great story about government incompetence and deserves to be repeated.
SEC investigators trolled porn sites rather than focus on, say Stanford or Madoff
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For What It's Worth 
It is very interesting how the Stanford story got buried by the state-run media. This ponzi scheme was worse than Madoff’s and the SEC knew about it for years.
Porn sites? These intertubes will bring me porn? What in the heck am I wasting my time here for?
We can accommodate all tastes, Old Coot – give us a chance!