[15:42] <mrgoodcat> the site equifax set up to see if you were affected by the breach is the most phishy domain i've seen in a while
[15:43] <jrwren> don't use it.
[15:51] <cmaloney> good morning
[15:51] <cmaloney> It's essentially a flip of the coin
[16:22] <greg-g> if you sign up for their credit monitoring service for free with it you forfeit your rights to sue (class action or otherwise)
[16:22] <greg-g> I haven't made up my mind yet
[16:23] <cmaloney> Yeah, screw that
[16:23] <greg-g> 1) credit monitoring = good I guess? 2) they'll probably make it hard to cancel 3) maybe I'll get $5 from a class action settlement? 4) ugh
[16:23] <cmaloney> I'm not abou to get a service from a company that shouldn't exist in the first plae
[16:24] <cmaloney> place
[16:24] <greg-g> word
[16:24] <cmaloney> They've inserted themselves into this system and have made themselves part of the problem
[16:45] <mrgoodcat> some execs apparently dumped stock before the announcement
[16:46] <greg-g> yeah, saw that, good times
[18:25] <cmaloney> If there isn't some serious prison time for the execs I'm burning capitalism down
[18:25] <jrwren> they claimed they didn't know about hte breach before teh sale.
[18:26] <jrwren> still... if martha stewart can go to jail... these people can go to jail.
[18:27] <cmaloney> BULLSHIT
[18:27] <greg-g> :)
[18:27] <cmaloney> Three executives sell in the month before a ruinous breach is exposed?
[18:28] <cmaloney> That would be like VW folks selling stock months before the whole recall over the diesel shenannigans was unveiled.
[18:28] <rick_h> when did they sell? I heard this breach went back to July
[18:30] <greg-g> WHO KNEW WHAT WHEN?!?!?!
[18:30] <greg-g> ;)
[18:30] <greg-g> get matlock on the case
[18:30] <cmaloney> August 1st and second
[18:31] <cmaloney> https://www.bloomberg.com/news/articles/2017-09-07/three-equifax-executives-sold-stock-before-revealing-cyber-hack
[18:31] <cmaloney> CW: Autoplay video
[18:31] <rick_h> lol, wasn't the breach july 29 or something?
[18:31] <cmaloney> Ayep
[18:31] <greg-g> gj guys
[18:31] <cmaloney> "The credit-reporting service said earlier in a statement that it discovered the intrusion on July 29. Regulatory filings show that on Aug. 1, Chief Financial Officer John Gamble sold shares worth $946,374 and Joseph Loughran, president of U.S. information solutions, exercised options to dispose of stock worth $584,099. Rodolfo Ploder, president of workforce solutions, sold $250,458 of stock on Aug. 2.
[18:31] <cmaloney> None of the filings lists the transactions as being part of 10b5-1 scheduled trading plans."
[18:31] <rick_h> lmao
[18:31] <cmaloney> The three “sold a small percentage of their Equifax shares,” Ines Gutzmer, a spokeswoman for the Atlanta-based company, said in an emailed statement. They “had no knowledge that an intrusion had occurred at the time.”
[18:32] <cmaloney> Yeah, right
[18:32] <_stink_> quick delete those emails
[18:32] <cmaloney> You had July 31st
[18:32] <cmaloney> which is a business day
[18:33] <cmaloney> if there wasn't an "all hands" meeting on that day then I'm the fucking Vatican
[18:46] <Scary_Guy> an easy fix for this would be don't hold stock in the company you work for, or any companies that you directly do business with
[18:46] <Scary_Guy> but if life gives you a cheatcode people are generally going to use it
[18:46] <jrwren> C types HAVE to hold stock in companies they work for. its the law and if not, its part of their contract.
[18:47] <Scary_Guy> well, that's just retarded then
[18:47] <Scary_Guy> or they shouldn't be allowed to touch it until they quit
[18:48] <jrwren> board members and come C levels have to hold a certain percentage. I'd doubt that these sellers sold ALL of their shares.
[18:49] <greg-g> it theoretically makes them more at service to the company because they'd feel the pain/gain accordingly
[18:49] <cmaloney> jrwren: They didn't sell them all, but it's rather interesting that they sold any during this time
[18:49] <greg-g> but there are tons of ways to game the system so... yeah, they rarely feel the pain
[18:49] <cmaloney> Is August a fiscal quarter? I don't believe so
[18:50] <greg-g> yeah, timing, that "10b5-1" thing: usually people like that have a "I have a plan to sell X% or $X every Y months" which is reasonable, as long as they stay within the contractual/legal requirements of holding enough
[18:50] <cmaloney> But their stock is taking a beating today
[18:50] <cmaloney> Down 13.78 percent
[18:51] <Scary_Guy> it seems like it incentivises it more to fuck over consumers to make a profit
[18:51] <cmaloney> that's no accident
[18:51] <Scary_Guy> also, sounds like a good time to buy
[18:51] <cmaloney> Ah, their second quarter ended in June
[18:51] <cmaloney> So, fish smell - rising
[18:52] <cmaloney> They published their results on July 26th
[18:52] <jrwren> nah, they are still over priced. My target price for them is 60/share. I'll buy at or below that.
[18:52] <cmaloney> jrwren: You'll get your wish, I guarantee it
[18:52] <jrwren> cmaloney: yes, but will it be because of this, or will it be overall market crash?
[18:53] <Scary_Guy> yes
[18:53] <greg-g> I can't not think of that mens warehouse dude when that's said and how he's been a daily toker for a long time, and that's part of why his voice is so memorable
[18:54] <cmaloney> greg-g: Did he say that he's a daily toker?
[18:55] <greg-g> yup
[18:55] <greg-g> https://duckduckgo.com/?q=mens+warehouse+weed&t=ffsb&ia=news
[18:56] <greg-g> :)
[18:56] <Scary_Guy> https://www.reddit.com/r/wallstreetbets/comments/6yqpi2/so_three_equifax_executives_came_up_with_a/
[18:57] <cmaloney> greg-g: That would explain nominating Deepak Chopra to the board in 2004
[18:57] <cmaloney> (letting that charlatan anywhere near money is a bad move)
[18:59] <jrwren> why would he be on the board of that company.
[18:59] <greg-g> heh
[19:00] <jrwren> UGH... board membership pisses me off.
[19:00] <greg-g> apparently weed == ok with aura pettelers? :)
[19:01] <Scary_Guy> Deepak makes me wish there was a hell for him to burn in
[20:31]  * rick_h just shakes head...https://twitter.com/zackwhittaker/status/906247688768905216
[20:40] <cmaloney> Naturally
[20:41] <gamerchick02> am i right on time?
[20:42] <cmaloney> gamerchick02: For the rest of your life? Sure thing
[20:42] <cmaloney> for anything else? Not sure.
[20:42] <gamerchick02> OH CRAP wrong chat
[20:42] <gamerchick02> LOL
[20:42] <cmaloney> np
[20:42] <gamerchick02> that was meant for the bugcast
[20:42] <gamerchick02> but anyway, how's you?
[20:42] <cmaloney> Surviving
[20:42] <cmaloney> you?
[20:42] <gamerchick02> not bad
[20:42] <gamerchick02> learning
[20:43] <cmaloney> That's always good
[20:43] <gamerchick02> yeah
[20:43] <gamerchick02> i've learned more about Monroney labels than i care to know! :-P
[20:44] <cmaloney> That's more than I know about them, so yay! :)
[20:44] <cmaloney> Oh nice: the stickers for new vehicles
[20:44] <cmaloney> Hah, that's awesome
[20:44] <gamerchick02> yes
[20:44] <gamerchick02> labels. SO MANY LABELS
[20:51] <cmaloney> http://paste.ubuntu.com/25492402/ <- File this under "what the fuck are you asking me here?"
[21:27] <gamerchick02> who knows? that sounds like spam