I own a corporation. What are you implying?

Edit: two corporations.

Good on you Joey and there is no sarcasm in those words. However when it comes to guys too big to fail a lot of slaps on the wrist happens. In my time I've lost count of such cases and it doesn't really register in my mind anymore.

Becomes the norm. If you think the governments are corrupt how should the cash cows be any different?

 

I guess I don't know, but I assumed it was OK and went ahead to sign up for TrustedID (which I later heard is next to useless) and to lock my Equifax file (which was the recommended way to protect your credit).

My concern is they will charge you to unlock. TransUnison charges $50. And if you don't have your PIN and try to call them, you get an offshore call center where it is almost impossible to understand their English. They go off of a script, ask you various questions regarding your employment and financial history. For me 90% of their questions didn't even apply to me. Almost like they had the wrong person. It was a horrible experience.

 

I guess I don't know, but I assumed it was OK and went ahead to sign up for TrustedID (which I later heard is next to useless) and to lock my Equifax file (which was the recommended way to protect your credit).

The certificate has no ownership information which you can check. There must be real morons running the IT department at Equifax.

 

If you think the governments are corrupt how should the cash cows be any different?

Some are thinking false equivalency. But to powerful people it's all about energy and how can I tap that, plus selling you that at a higher price than it's worth.

http://theirrelevantinvestor.com/2017/08/31/did-buffett-kill-value-investing/

 

Be the highest bidder on a already popular company and then just amp up the price a bit without adding any value to anything.

 

... just amp up the price a bit without adding any value to anything.

I call that "The Microsoft Maneuver" ...

 

https://www.theverge.com/2017/9/20/16339612/equifax-tweet-wrong-website-phishing-identity-monitoring

 

https://www.theverge.com/2017/9/20/16339612/equifax-tweet-wrong-website-phishing-identity-monitoring

Who is running this company? I bunch of dim witted clowns?

This company needs to be taken down.

I resent the fact that any company can store my private information without my permission? How is it that these compnies aren't violating privacy laws?

 

That's a double edged sword. It costs money to freeze and freezing also prevents you from opening new lines of credit.

A better solution is for entities that expose your data to be held accountable for credit monitoring and repair for the lifetime of the affected individual; and to pay punitive penalties to the individual and the government (to pay for more oversight). To avoid liability, they need to show their breach couldn't have cause the problem.

It's a broken system. Pure and simple!

 

I remember reading this thread ~18 months ago. What I watched [see below] a few days ago impressed me. Please believe me that I am not posting for the political party or gender aspects of the situation, which are, in fact, irrelevant. Rather, I am posting it to address the, "well what are we going to do about it" aspects. The latter issue is integral to the thread and a legitimate IM topic and I think we all can agree on that. I'm not saying that any great strides were made in the video, but I liked what she said and how she handled the CEO.

BTW: She is a lawyer (Harvard law school, magna cum laude) and rookie in the House - she left her position at the firm where she was tenured. The CEO, however, has a nice hair cut.

What I see is: bait dangled, bait taken, evasive action attempted and quickly shut down. Result: A civil butt-kicking to make a point. I like it.