Right before Equifax revealed that it had failed to secure the information of some 143 million Americans, some company executives sold off nearly $2 million in Equifax stock — a move that is currently under investigation. According to a new report, the Equifax executive who approved those stock sales is also the exec in charge of the company’s cybersecurity. [More]
What did you know?
Lawmakers Who Received Money From Wells Fargo Now Want Answers From Bank’s CEO
By and 9.29.16 — Updated: 10.3.16
Imagine you’re a politician who received tens of thousands of dollars in recent years from a bank, and hundreds of thousands from a banking industry that wants to do away with new consumer protections. Then that bank is caught opening up millions of fake accounts without authorization. If you’re one of these bank-backed legislators, this huge scandal is apparently an opportunity to take shots at the federal regulator the banking industry has been trying to undermine since its creation. [More]
