> The lawmakers and regulators have decided that the externality will have no significant consequences. No, they just haven't finished yet. There's already be

> The lawmakers and regulators have decided that the externality will have no significant consequences. No, they just haven't finished yet. There's already been some new regulation, and I believe more to come, for the credit industry as a whole. > The market hardly decides anything here; it reacts. If Equifax's customers decided that they couldn't safely do business with it, then Equifax would cease to exist. > My reading of the reports is that this company was roughly in line with common practices. My point is that common practices must change. I certainly agree there, wholeheartedly. But you seem to be singling out Equifax, when it's an industry wide problem.