According to news reports, regulators at the Securities and Exchange Commission suddenly started spending hours viewing pornographic material, just as the financial system was beginning to tumble into its collapse in 2008.
While this appears to be a scandalous, outrageous neglect of their duties, I wait for their legal counsel to put forward the only possible defense.
"These regulators were actually doing work-related research. They knew the economy was about to be completely fucked, so they were studying what happens in that situation."
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