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The difference was that in Enron's case it was clear criminal intent to defraud, as opposed to security failures. As far as "Congress literally passed a law to
by g051051 8y ago
The difference was that in Enron's case it was clear criminal intent to defraud, as opposed to security failures.
As far as "Congress literally passed a law to save Equifax from private lawsuits", what they did was part of the larger sweep of allowing companies to force arbitration on consumers. It was unrelated to the breach.
- munk-a 8y agoThe allowance of private arbitration is a pretty clear example of corruption though, class action lawsuits exist for the purpose of punishing companies more than delivering assets to the suffering parties and that route has been taking away in a lot of circumstances.
- g051051 8y agoCan't argue there. The rise of arbitration clauses has done a huge amount of damage to consumer rights.