After Equifax breach, anger but no action in Congress
Yeah, that's why I bought Equifax call options a little bit after the breach was announced. Made good money on those options, and it pisses me off. It pisses me off that after an event that should bankrupt a company such as Equifax, I lay hard-earned on the table knowing that I have an extremely good chance of a healthy ROI simply because of vested interests and status quo.Like other political hot topics, this is one of those things that causes me to ask, "okay, then, how bad does it have to get before populist outrage brings about change?" Something worse happens, and this is the time, right? Nope. And so on from one event to the next.OTOH, in this case maybe the invalidation of vast amounts of data will alone bring about changes out of necessity. There will probably be a rough patch of lawsuits, debate, and perhaps a new law or two, but perhaps it will eventually shake out something better.