So in other words yet another "too big to fail" situation. > The right answer is to tighten regulations around this industry so that risk gets priced into the

So in other words yet another "too big to fail" situation. > The right answer is to tighten regulations around this industry so that risk gets priced into the stock which makes it less profitable over time which gives institutional investors time to reallocate with minimal shock to those who can least afford such shocks. Here's how much Equifax has spent on lobbying the last 10 years: 2008 - 500K 2009 - 500K 2010 - 560K 2011 - 670K 2012 - 620K 2013 - 690K 2014 - 770K Interesting what happens next considering this headline: A.Equifax Learned of Significant Cybersecurity Deficiencies in 2015 2015 - 1.02K 2016 - 1.1K 2017 - 1.07K 2018 - 1.27M Here's the status of three bills that were introduced: S.1815 - Data Broker Accountability and Transparency Act of 2017 Introduced 09/14/2017 https://www.congress.gov/bill/115th-congress/senate-bill/1815 https://www.congress.gov/bill/115th-congress/senate-bill/181... H.R.3806 - Personal Data Notification and Protection Act of 2017 Introduced 09/18/2017 https://www.congress.gov/bill/115th-congress/house-bill/3806/text https://www.congress.gov/bill/115th-congress/house-bill/3806... S.1816 - Freedom from Equifax Exploitation Act Introduced 09/14/2017 https://www.congress.gov/bill/115th-congress/senate-bill/1816 https://www.congress.gov/bill/115th-congress/senate-bill/181... As much as I appreciate the idealistic approach to regulate the markets but it clearly doesn't work. Period. It only takes a company or industry with a lot of money to essentially write their own laws.