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Democrats target big banks for more details on data breaches

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Mortgage Professional America | 18 Nov 2014, 01:26 PM Agree 0
A month after the massive JPMorgan security breach, two democrats are asking multiple financial institutions to explain how the breaches happened and to be transparent about what they lost.
  • GARY H | | 18 Nov 2014, 03:39 PM Agree 0
    If brokers weren't filling out so many BARNEY Frank Forms and going through so much "red tape" maybe they would have time to meet "face to face". Especially if all rules applied to all> Including the great untouchable Jamie DIMON. Forget the internet go to the meet, make a decision based on the four C's, amend the Fair Credit Reporting to have the bureaus accountable and maybe even do the scoring system differently. Somehow it makes more sense that someone who has never missed a beat in their life and has 25 years of credit is truly a better risk than someone out of college with a $500 line of credit who got the card through their mom and dad.

    One last thing MAKE IT ILLEGAL FOR CONGRESS TO BENEFIT FROM INSIDER TRADING AND DEALS THEY SET UP!!!!!!!!!!!!!!!!
  • Alex | | 19 Nov 2014, 10:46 AM Agree 0
    Chase's comment that they aren't notifying the 76 million customers affected by the breach and "that's just what we're doing" is unbelievable. Shows a complete lack of care about their customer and only focused on their pay checks and investors. No wonder they are constantly getting sued billions of dollars for their arrogance. Jamie Dimon needs to stop throwing stones in his glass house and look in the mirror instead of pointing fingers at everybody else.
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