Leak CEO has no Monopoly on attention
THERE’S NO Boardwalking away from this one.
Much like his company exposed over 145 million people’s Social Security numbers to hackers, the former CEO of Equifax got exposed to some trolling when he went to Washington on Wednesday to discuss his company’s massive data breach.
Appearing over the shoulder of Richard Smith as he addressed the Senate Banking Committee was a figure well known to Monopoly enthusiasts: Rich Uncle Pennybags (photo).
Amanda Werner, an arbitration campaign manager for the protest group Public Citizen and Americans for Financial Reform, put on the trademark top hat and supremely bushy mustache along with a gold-rimmed monocle to call attention to forced arbitration clauses, CNBC reported.
“Forced arbitration clauses buried in the fine print of take-it-orleave-it contracts may be the single most important tool that predatory banks, payday lenders, credit card companies and other financial institutions have used to escape accountability for cheating and defrauding consumers,” Public Citizen said in a press release.
As embarrassing as it was to have an obscenely wealthy fictional character photobombing him, Smith still might’ve preferred it to the treatment he got Tuesday from the House Energy and Commerce Committee.
There, members of Congress roundly attacked him with bipartisan fury, with the ranking Democrat on the consumer protection subcommittee, Jan Schakowsky, deeming his testimony “unconvincing” while Republican Rep. Greg Walden was even harsher.
“I don’t think we can pass a law that . . . fixes stupid,” said Walden.