Interesting People mailing list archives
Re: Query YET AGAIN -- A Good Name Dragged Down / Consumers Get Tangled In Terrorist Watchlist
From: David Farber <dave () farber net>
Date: Thu, 20 Mar 2008 07:54:49 -0700
________________________________________ From: David P. Reed [dpreed () reed com] Sent: Thursday, March 20, 2008 10:38 AM To: David Farber Cc: ip Subject: Re: [IP] YET AGAIN -- A Good Name Dragged Down / Consumers Get Tangled In Terrorist Watchlist Is there a specific law that says banks and lenders MUST use this unreliable dataset to make credit decisions? I ask because as either a business tool or as a tool for preventing attacks, this seems to be one of the most inaccurate and unreliable ways to achieve a goal. It seems to me that answering that question would help us decide whether banking risk management decisionmakers or lawyers and policymakers are the less competent when compared. (of course the current failures of risk management decisionmakers caused the subprime crisis, the Bear Stearns meltdown, etc. at least in large part. So many unemployed physicists got jobs writing dubious code and models that proved that risk could be eliminated - perhaps a few got into the save us from "terrorists" IT business as well). David Farber wrote:
Begin forwarded message: From: Monty Solomon <monty () roscom com> Date: March 20, 2008 12:19:37 AM EDT To: undisclosed-recipient:; Subject: A Good Name Dragged Down / Consumers Get Tangled In Terrorist Watchlist A Good Name Dragged Down Consumers Get Tangled In Terrorist Watchlist By Ellen Nakashima Washington Post Staff Writer Wednesday, March 19, 2008; D01 One man went into a Glen Burnie, Md., Toyota dealership to buy a car, only to be told that a name check revealed he was on a U.S. Treasury Department watchlist of suspected terrorists and drug dealers. He had to be "checked for tattoos," he said, to make sure he wasn't the suspect. An 18-year-old found he could not open an account to accept credit card payments for his fledgling technology consulting business because his name was similar to that of a Libyan official on the watchlist. A former U.S. Navy officer who served in the Persian Gulf and whose father was killed in the Korean War when he was a child, found himself locked out of his PayPal account because his name was similar to one on the watchlist. ... http://www.washingtonpost.com/wp-dyn/content/article/2008/03/18/AR2008031802971.html ------------------------------------------- Archives: http://www.listbox.com/member/archive/247/=now RSS Feed: http://www.listbox.com/member/archive/rss/247/ Powered by Listbox: http://www.listbox.com
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Current thread:
- Re: Query YET AGAIN -- A Good Name Dragged Down / Consumers Get Tangled In Terrorist Watchlist David Farber (Mar 20)
- <Possible follow-ups>
- Re: Query YET AGAIN -- A Good Name Dragged Down / Consumers Get Tangled In Terrorist Watchlist David Farber (Mar 20)