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The market correctly does not care because there is no consequence for the current or prior executives and no financial consequence for the company. All they wi
by blackeyeblitzar 2y ago
The market correctly does not care because there is no consequence for the current or prior executives and no financial consequence for the company. All they will do is send out some obligatory notices, mention it in their investor relation materials, maybe offer a year of credit score monitoring, and move on.
We need regulations with massive fines, class action lawsuits (a ban on arbitration clauses), and maybe automatic minimum level compensation to those customers.