Bush backs banks' appeal of Calif's financial privacy law

R. A. Hettinga rah at shipwright.com
Fri Aug 13 19:01:39 PDT 2004


KESQ NewsChannel 3 Palm Springs, CA:

Bush backs banks' appeal of Calif's financial privacy law

SACRAMENTO The Bush administration stepped into a lawsuit challenging
California's landmark financial privacy law today.
The administration is urging a federal judge to side with banks that want
to overturn restrictions on how they can share customer information.

The new state law requires banks to get permission from customers before
giving nonaffiliated companies customers' financial information like their
bank balance or spending habits.

Copyright 2004 Associated Press. All rights reserved. This material may not
be published, broadcast, rewritten, or redistributed.

All content ) Copyright 2002 - 2004 WorldNow and KESQ. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms
of Service.

R. A. Hettinga <mailto: rah at ibuc.com>
The Internet Bearer Underwriting Corporation <http://www.ibuc.com/>
44 Farquhar Street, Boston, MA 02131 USA
"... however it may deserve respect for its usefulness and antiquity,
[predicting the end of the world] has not been found agreeable to
experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'

More information about the cypherpunks-legacy mailing list