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Treasury Officials Hired Prostitutes, Took Gifts

Inspector General report finds shenanigans at regulatory agencies

By Kevin Spak,  Newser Staff

Posted Jul 16, 2012 7:52 AM CDT

(Newser) – Treasury Department officials have been reprimanded for hiring prostitutes, golfing with the bankers they're supposed to be regulating, and taking improper gifts, according to inspector general reports spotted by the Hill that were published following Freedom of Information Act requests. Though the identities of all the perpetrators were redacted, the documents shows that in 2010, an employee of the now-defunct Office of Thrift Supervision "misused" government resources to hire prostitutes on Craigslist on three occasions. The inspector general referred the case to prosecutors, but they declined to press charges. The official retired.

In another case, a bank regulator was caught going golfing and eating out with industry executives—who usually picked up the tab. He said he thought that was "a condoned activity." Other regulators were found to have accepted improper gifts, including flowers, meals, and at least one limousine ride. But the Inspector General praised Treasury brass for giving him free reign, and said that, as a "fairly large department," some misdeeds were to be expected. "Many organizations have people who do dumb things," he mused.

In this April 26, 2012, file photo U.S. Treasury Secretary Tim Geithner speaks in San Francisco.
In this April 26, 2012, file photo U.S. Treasury Secretary Tim Geithner speaks in San Francisco.   (AP Photo/Marcio Jose Sanchez)
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COMMENTS
Showing 3 of 24 comments
theusualyadayada
Jul 17, 2012 4:30 AM CDT
And people want a bigger government. This is our tax dollars at work people. OUR MONEY being spent on hookers and on hiring incompetent people who accept bribes. Our government is decaying from the inside out no matter who is in charge.
apocalypso
Jul 16, 2012 7:42 PM CDT
lol, all these big powerful men, all so weak in the face of hookers. FUCKING AWESOME. Whores rule the men who rule the world. Believe it.
SilenceDogood
Jul 16, 2012 5:12 PM CDT
OK, doing some dumb things is OK, provided your not a Republican. Then we throw the book at you and call you assorted nasty names.
 

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