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Incredible Questioning of Equifax CEO Mark Begor in an Epic Privacy Burn

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Feb 26, 2019.

  1. adoo

    adoo Member

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    Katie Porter is a freshman lawmaker from Calif, part of Blue Wave that turned Orange County blue
    • she was a former law student of Elizabeth Warren before becoming a Consumer Protection Attorney as well as a law professor at UC Irvine
    • Kamala Harris, then-AG of Calif, appointed her the State’s watchdog against the banks



    Porter " would you provide your SS# and birth date to this committee "
    Bego " i'd rather not"

    porter " why not, what harm are you afraid of ?
    Bego "identity theft"

    porter "point well taken. But why are Equifax' attorneys argued in court that there was no harm from the data breach of SS#s and birth date ?
    Bego " i am not aware of their testimony"

    porter "Equifax attorneys work for you at your directions, perhaps you should pay attention to to what they do

    https://www.fastcompany.com/9031255...quifax-ceo-mark-begor-in-an-epic-privacy-burn
     
    #1 adoo, Feb 26, 2019
    Last edited: Feb 26, 2019
    ryan_98, RayRay10, Nook and 5 others like this.
  2. adoo

    adoo Member

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    In Feb, Trump's newly appointed Director of the Consumer Financial Protection Bureau, Kathy Kraninger, announced the gutting of the Obama Administration's rule requiring payday lenders to take time to make sure borrowers understood the terms of the loan, and made enough money to pay them back

    In a House Fin Svc Committe hearing last Fri, Katie Porter used her time masterfully to expose Karninger's ignorance as it relates to payday lending
    Kraninger first tried to butter-up Katie Porter, " we recognize you as an expert on predatory lending"

    porter "it doesn't matter what i know; what matters is what your know, as the Director of of the Consumer Financial Protection Bureau"






     
    No Worries and Invisible Fan like this.
  3. FranchiseBlade

    FranchiseBlade Contributing Member
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    Nice work. I like it .
     
    Nook likes this.
  4. adoo

    adoo Member

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    Wells Fargo CEO was hoping to talk his way outta of these frauds committed by his company
    instead, he got mauled by Katie Porter's questions

    [​IMG]






    AOC contributed as well
     
    #4 adoo, Mar 12, 2019
    Last edited: Mar 12, 2019
  5. pgabriel

    pgabriel Educated Negro

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    The pipeline question is stupid.

    Politicians grandstanding.
     
  6. Nook

    Nook Member

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    That is what you got out of all that, huh?
     
  7. pgabriel

    pgabriel Educated Negro

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    Embarrassing a CEO accomplishes what. Equifax doesn't wanna be breached.

    Wells Fargo does deserve repercussions for the other things but its not their fault a customer had an accident

    Im sure some car loan customers killed people drunk driving. But im not down with grandstanding politicians.
     
  8. jcf

    jcf Member

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    AOC contributed as well
    [/QUOTE]

    Geez. If you make lenders liable for everything that happens on every project they finance, expect financing to shut down. This is second grade logic. We have an entire federal system of laws based on environmental contamination that captures a LOT of potential defendants including those who may have simply owned title at one point and didn't pollute.

    But if your goal is to shut down financing and therefore shut down projects, cheer on.
     
  9. adoo

    adoo Member

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    so, ur publicizing that u have a 2nd grade education !
     
  10. jcf

    jcf Member

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    Yeah. I'm bragging.
     
  11. adoo

    adoo Member

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    NewRoxFan, ur post fits better in this thread,

    a collection of episodes where Corporate CEOs are getting their asses kicked by
    the coupon-cutting Congresswoman from the LA/OC suburb​
     
  12. adoo

    adoo Member

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    should Kamala Harris become VPOTUS , Calif Gov will have to appoint someone to to take Harrris' Senate seat.

    the most likely person will be Katy Porter of Orange County
    back when Harris was AG of Calif, she nappointed UC Irvine Consumer Law Professor Katie Porter to be
    the state's independent monitor of banks in a nationwide $25 billion mortgage settlement.
    As monitor, she oversaw the banks' implementation of $9.5 billion in settlement reforms for Californians.
     
    ryan_98 likes this.
  13. adoo

    adoo Member

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