3 ms·
this is somewhat off topic... but can you imagine how much money mint's data is worth? I once read this story about a guy who worked in the fraud department for
by viggity 7y ago
this is somewhat off topic... but can you imagine how much money mint's data is worth? I once read this story about a guy who worked in the fraud department for citibank(?) and he had access to all the transactions. He used that live data to see that purchases at Chipotle(?) were down X percent and shorted the stock before they released their quarterly earnings report. He got thrown in jail and I don't remember exactly why. He wasn't really entitled to that data.
However, Mint/Intuit certainly obtains that data legally. They could make trades on that information, couldn't they? That is essentially like printing money. Maybe they already do and it is just a secret? Idk.