Thursday, 14 December, 2017

Mr. Monopoly photobombs ex-Equifax CEO's hearing

Adding insult to injury.       Flickr  aisletwentytwo Adding insult to injury. Flickr aisletwentytwo
Christy Curtis | 05 October, 2017, 00:17

Rich Uncle Pennybags crashed a Senate hearing with the the former CEO of Equifax.

Public Citizen took issue with forced arbitration clauses that allow companies such as Equifax EFX, +1.17% to screw over consumers and avoid punishment - kind of like a "get out of jail free" card, of course.

In the 1935 board game, Rich Uncle Pennybags ushers players around a board populated by the streets of Atlantic City, N.J., where they can purchase properties, utilities and regional railroads like the Reading or Baltimore & Ohio lines. Public Citizen, a nonprofit consumer rights advocacy group, claimed credit for the stunt on Twitter. "It should not pass go".

They said it gives Equifax a "monopoly" over the justice system.

A person dressed like the Monopoly mascot appeared just over Richard Smith's shoulder as he testified on Wednesday before the Senate Banking Committee investigating the company's data breach that exposed the information of millions of Americans. To make her point come across even more, she also handed "get out of jail free" cards around the building before and after the hearing. The surprise appearance is part of a campaign organized by Public Citizen and Americans for Financial Reform to draw attention to forced arbitration rip-off clauses, used by Equifax, Wells Fargo and other financial companies to evade accountability and take advantage of consumers. "Bank lobbyists and their allies in Congress are trying to overturn the CFPB's rule so they can continue to rip off consumers with impunity".

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