Friday, October 6, 2017

Equifax vs Monopoly Man

The Monopoly Man made an appearance at the Senate Banking Committee hearing on the massive Equifax data breach. Wearing a top hat, monocle, and white mustache, the character sat directly behind former Equifax (EFX) CEO Richard Smith as he testified before the committee on Wednesday. The ruse was organized by progressive nonprofits Public Citizen and Americans for Financial Reform. The organizations want to raise awareness of Equifax's forced arbitration clauses in their terms of service.

Amanda Werner, Campaign Manager with Americans for Financial Reform and Public Citizen, played the role of the iconic Monopoly Man on Wednesday. "I am dressed as the Monopoly Man to call attention to Equifax and Wells Fargo's use of forced arbitration as a get-out-of-jail-free card for massive misconduct," Werner said in a Twitter message to CNN Tech. "They use these ripoff clauses buried in the fine print to ensure that consumers can't join together to hold them accountable in court."



Credits:
http://money.cnn.com/2017/10/04/technology/culture/monopoly-man-equifax/index.html

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