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Re: [gnso-acc-sgb] Report for tomorrow

  • To: gnso-acc-sgb@xxxxxxxxx
  • Subject: Re: [gnso-acc-sgb] Report for tomorrow
  • From: Jeff Williams <jwkckid1@xxxxxxxxxxxxx>
  • Date: Fri, 25 May 2007 00:49:56 -0700

Avri, and all sgb members,

  I believe the answer to your ? is yes.  However many banks and
financial institutions want as much information about any registrant
as they can get and are not overly concerned as to how they get it.
Many banks and financial institutions are of the somewhat misguided
opinion because of the very nature of their business they can better
protect any individuals identity better than that individual can do
his or herself.  I personally have never seen any bank or financial
institution offer any financial guarantee to do so without many
exceptions.

Avri Doria wrote:

> Hi,
>
> On 24 maj 2007, at 04.09, Palmer Hamilton wrote:
>
> > Second, in the case of identity theft, the consumer certainly
> > experiences the serious and often devastating adverse
> > consequences.  Anyone who has been the victim of ID theft can
> > easily speak to this.  It is fine for us to talk about these issues
> > in the abstract, but talk to a victim of ID theft, and he or she
> > will likely not be too impressed some of the arguments we have been
> > hearing.
>
> I may be confusing the topics somewhat, but one of the reasons I have
> for having as little of the information about registrants available
> to as few as possible is indeed to avoid giving ID thieves the
> information they need to steal the ID.  So considering that the vast
> majority (anyone have an idea of the real %ages?) of registrants are
> good law abiding folks and only a very few are ID thieving bad guys
> isn't the greater good served more by keeping the information as
> restricted as possible?
>
> a.

Regards,

--
Jeffrey A. Williams
Spokesman for INEGroup LLA. - (Over 134k members/stakeholders strong!)
"Obedience of the law is the greatest freedom" -
   Abraham Lincoln

"Credit should go with the performance of duty and not with what is
very often the accident of glory" - Theodore Roosevelt

"If the probability be called P; the injury, L; and the burden, B;
liability depends upon whether B is less than L multiplied by
P: i.e., whether B is less than PL."
United States v. Carroll Towing  (159 F.2d 169 [2d Cir. 1947]
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