The Commission has been repeatedly criticized by the Government Accountability Office for material weaknesses in its financial reporting and accounting processes, an extraordinary embarrassment for the agency responsible for evaluating the financial statements of all companies whose shares are sold to the public.

FORBES: The SEC -- A Troubled Agency

In the event, for all the nastiness, buck-passing and back-biting this mass of material exposes, it only reinforces Mr Pollard's conclusions: that the BBC's lines of accountability were deeply flawed and that members of its lavishly paid and top-heavy management saw it as their priority, in a crisis, to flunk responsibility rather than take it.

BBC: Savile inquiry: Media reaction to BBC transcripts