4 ms·

> I just don't get it. It's not supposed to make sense. This is how Corporate America works these days (or more precisely, since the late 80s). He ( C.E.O ) i

> I just don't get it. It's not supposed to make sense. This is how Corporate America works these days (or more precisely, since the late 80s). He ( C.E.O ) is gracefully landing on his retirement pad in his Golden Parachute of at least 18 MILLION, and there's no mention of any of this in most mainstream media stories. The senate is also preparing to Grant Equifax Immunity from consumer lawsuits > Disgraced Equifax CEO Richard Smith runs for the hills – toting $18 million in retirement benefits – with 143 million consumers still left in the lurch. Source: => https://www.commondreams.org/newswire/2017/09/26/not-another-golden-parachute-departing-equifax-ceo-could-get-millions-senate https://www.commondreams.org/newswire/2017/09/26/not-another...

civilian 9y ago
uhhhhh. Do you have a second citation for "> The senate is also preparing to Grant Equifax Immunity from consumer lawsuits". A quick google search didn't reveal anything, and the website you linked to has a radical left bias. [edit1] The closet thing I can find is that senate republicans aren't co-signing bills to add more regulation. Not that they're trying to grant immunity to Equifax. http://www.pbs.org/newshour/rundown/equifax-breach-congress-unlikely-pass-new-rules-protect-consumer-data/ http://www.pbs.org/newshour/rundown/equifax-breach-congress-... [edit2] And at the end of the article: > Even if the Equifax breach fails to bring about the passage of new legislation, it has scuttled one bill in the works. On the day of Equifax’s announcement, a House subcommittee examined legislation that would have decreased the potential consequences when consumer reporting agencies falsely malign someone. Such mistakes can haunt consumers for years. > The bill would have eliminated punitive damages for violations of the Fair Credit Reporting Act. The bill’s sponsor, Rep Barry Loudermilk, R-Ga., said the legislation was aimed at curbing frivolous lawsuits and would not have granted any immunity to Equifax for the data breach. “Nevertheless, given the unfounded attacks on me and the rampant misinformation circulating about this legislation, the Financial Services Committee has not scheduled further action on any bill at this time.” So I suppose there was bill that could have done that, but it's dead now.
- justboxing 9y ago
  > Do you have a second citation for "> The senate is also preparing to Grant Equifax Immunity from consumer lawsuits" Here you go: Ga. lawmaker defends bill curtailing class actions after Equifax hack => http://politics.blog.myajc.com/2017/09/16/ga-lawmaker-defends-bill-curtailing-class-actions-after-equifax-hack/ http://politics.blog.myajc.com/2017/09/16/ga-lawmaker-defend... > Georgia Congressman Barry Loudermilk is shooting back at consumer protection groups and other critics who have slammed his bill to curb the use of class action lawsuits in the aftermath of Equifax’s mammoth data breach. Note the Congressman is from Georgia and Equifax is HQ-ed in Atlanta, Georgia.
  - civilian 9y ago
    Welp I'm angry about that!

civilian 9y ago

uhhhhh. Do you have a second citation for "> The senate is also preparing to Grant Equifax Immunity from consumer lawsuits". A quick google search didn't reveal anything, and the website you linked to has a radical left bias. [edit1] The closet thing I can find is that senate republicans aren't co-signing bills to add more regulation. Not that they're trying to grant immunity to Equifax. http://www.pbs.org/newshour/rundown/equifax-breach-congress-unlikely-pass-new-rules-protect-consumer-data/ http://www.pbs.org/newshour/rundown/equifax-breach-congress-... [edit2] And at the end of the article: > Even if the Equifax breach fails to bring about the passage of new legislation, it has scuttled one bill in the works. On the day of Equifax’s announcement, a House subcommittee examined legislation that would have decreased the potential consequences when consumer reporting agencies falsely malign someone. Such mistakes can haunt consumers for years. > The bill would have eliminated punitive damages for violations of the Fair Credit Reporting Act. The bill’s sponsor, Rep Barry Loudermilk, R-Ga., said the legislation was aimed at curbing frivolous lawsuits and would not have granted any immunity to Equifax for the data breach. “Nevertheless, given the unfounded attacks on me and the rampant misinformation circulating about this legislation, the Financial Services Committee has not scheduled further action on any bill at this time.” So I suppose there was bill that could have done that, but it's dead now.

justboxing 9y ago
> Do you have a second citation for "> The senate is also preparing to Grant Equifax Immunity from consumer lawsuits" Here you go: Ga. lawmaker defends bill curtailing class actions after Equifax hack => http://politics.blog.myajc.com/2017/09/16/ga-lawmaker-defends-bill-curtailing-class-actions-after-equifax-hack/ http://politics.blog.myajc.com/2017/09/16/ga-lawmaker-defend... > Georgia Congressman Barry Loudermilk is shooting back at consumer protection groups and other critics who have slammed his bill to curb the use of class action lawsuits in the aftermath of Equifax’s mammoth data breach. Note the Congressman is from Georgia and Equifax is HQ-ed in Atlanta, Georgia.
- civilian 9y ago
  Welp I'm angry about that!