You've never met real drug dealers then. Lose a front through no fault of your own you better pay that shit back or your gonna be drawled and quartered.
There are times lately, when I wish we weren't so civilized. Drawing and quartering comes to mind when I think about what should happen to all executives and IT personnel involved with the breach. If they made a law that companies are responsible for all costs incurred to individuals who have had their data released/breached, things would get corrected very quickly. As it is now, it's just the cost of doing business. Like drug dealers, loose a shipment here and there.
This, exactly. In a just world, Equifax would be liquidated to cover the massive expenses suffered due to their negligence and make room for a competent new contender. In this world, their executives get to dump stock in the five months before they deign to make public the breach, then they get a no-bid government contract. Sheesh. I wonder if the contract requires that they rent a floor of Trump Towers for this work.There are times lately, when I wish we weren't so civilized. Drawing and quartering comes to mind when I think about what should happen to all executives and IT personnel involved with the breach. If they made a law that companies are responsible for all costs incurred to individuals who have had their data released/breached, things would get corrected very quickly. As it is now, it's just the cost of doing business. Like drug dealers, lose a shipment here and there.
This, exactly. In a just world, Equifax would be liquidated to cover the massive expenses suffered due to their negligence and make room for a competent new contender. In this world, their executives get to dump stock in the five months before they deign to make public the breach, then they get a no-bid government contract. Sheesh. I wonder if the contract requires that they rent a floor of Trump Towers for this work.
Remember, a no-bid contract says that not only can this firm do the job, they are the ONLY firm that can do the job.
I actually didn't buy puts because I have that little faith in justice. I've been watching the stock price steadily increase since it hit low recently and I'm not sure if I'm happy or sad I was right.My puts went from up 350% to now down to 130%. I hate this company so much... but it seems the share price is locked in through various schemes. Wells Fargo, the shadiest bank in existence, upgraded them and then the Trump administration comes in to help out. What other incredibly shady interests can come and help out their buddy Equifax? If only Lehman Brothers was still around, they could upgrade too.
I actually didn't buy puts because I have that little faith in justice. I've been watching the stock price steadily increase since it hit low recently and I'm not sure if I'm happy or sad I was right.
You've never met real drug dealers then. Lose a front through no fault of your own you better pay that shit back or your gonna be drawled and quartered.
I guess they wanted to crowd source the work.
This, exactly. In a just world, Equifax would be liquidated to cover the massive expenses suffered due to their negligence and make room for a competent new contender. In this world, their executives get to dump stock in the five months before they deign to make public the breach, then they get a no-bid government contract. Sheesh. I wonder if the contract requires that they rent a floor of Trump Towers for this work.
Remember, a no-bid contract says that not only can this firm do the job, they are the ONLY firm that can do the job.
My ex father-in-law, a lawyer, had one of the foulest mouths of almost anybody I've ever met. That was one of his favorites. It was always a multiple of curses.
I actually just sat here and laughed to myself for like 20 seconds out of sheer disbelief because this administration is hell bent on transparently f*cking every one of us with a big smile. You really can't make this shit up, they should be getting fined and prosecuted for criminal negligence right now but instead just got a fat contract pay out...with no competition. I can't even.
Everyone in the office now thinks I'm a bit insane.
If previous Republican and Democrat Administrations didn't prosecute the Tax payer funded bailed out Banksters in 2008 why should Equifax be treated any differently?
Cause then the planet was on the verge of a global collapse, noone dared rock the boat for real, it was then that it was painfully obvious that the financial sector had the world by its balls and was not afraid to squeeze. All that means two things 1. we dont want to deregulate finance AGAIN and 2. we should push to punish accordingly when the whole cardhouse is not in jepordy.If previous Republican and Democrat Administrations didn't prosecute the Tax payer funded bailed out Banksters in 2008 why should Equifax be treated any differently?
If previous Republican and Democrat Administrations didn't prosecute the Tax payer funded bailed out Banksters in 2008 why should Equifax be treated any differently?
While I don't disagree about the lack of prosecution from the 2008 financial collapse, I must ask......which of those financial institutions exposed what is essentially the entire financial history/data/etc. of 143M people like Equifax did and took their sweet time to let anyone in on the secret?
Errbevery single one of those fuckers sold credit default swap as an investement. That is fraud right there.
I dunno. I'm no fan of Warren's far left socialist views, but I'm right there with her on a lot of her populist views. And regardless of where I fall on a particular issue, she authors some of the clearest, best written bills on the Hill. If not for her First and Second Amendment views, I'd be behind her for President.Lets not forget what Elizabeth Warren just pointed out, Equifax makes money on the sale of credit protection after the first year (they'll make about 200 million if 1/7th the people opt for credit protection on year 2), they also make money if you go to another service for credit protection because its contracted/paid access to the new vendor to access Equifax.
I know you are not going to like the Warren angle however its a damn good point she has.
Well said. The lack of financial sector prosecutions isn't a low bar so much as a deep trench.Cause then the planet was on the verge of a global collapse, noone dared rock the boat for real, it was then that it was painfully obvious that the financial sector had the world by its balls and was not afraid to squeeze. All that means two things 1. we dont want to deregulate finance AGAIN and 2. we should push to punish accordingly when the whole cardhouse is not in jepordy.
Hope and change, oh wait the new slogan is hate and greed.If previous Republican and Democrat Administrations didn't prosecute the Tax payer funded bailed out Banksters in 2008 why should Equifax be treated any differently?
and people like Taj take every thrust up the ass from Trump and then ask for another.I actually just sat here and laughed to myself for like 20 seconds out of sheer disbelief because this administration is hell bent on transparently f*cking every one of us with a big smile. You really can't make this shit up, they should be getting fined and prosecuted for criminal negligence right now but instead just got a fat contract pay out...with no competition. I can't even.
Everyone in the office now thinks I'm a bit insane.