Just hours after Equifax CEO Rick Smith wrapped up his testimony before the House Energy and Commerce committee – the first in a series of Congressional “fact-finding missions” about the hack – Politico reported that the IRS last week awarded the disgraced credit monitoring bureau with a $7.25 no-bid contract even as the company struggled to address suspicions that it mislead investors and customers by withholding information about one of the most damaging data breaches in US history.
Equifax famously waited more than a month to disclose that hackers had infiltrated its servers and absconded with the sensitive financial information of more than 140 million customers, sparking widespread outrage that only intensified after reporters discovered that several of the company’s senior executives – including its CFO – cashed out of shares and options in the weeks before the company came clean about the hack.
It makes perfect sense. They have demonstrated beyond any doubt their ability to perform at the government level.
This HAS to be a joke.
Does this mean IRS staff is illiterate as well as everything else?
To fail is one thing. To fail on an epic level means you are just the kind of person they are looking for to hold key spots over the levers of power in the bureaucracy of D.C.
Oh yeah? What are you chumps gonna do about it? You couldn’t nail Lerner or Koskinen. We’re untouchable. We just did this to stick our middle finger in your eye.
its official, the fox is guarding the henhouse
Right-o, and we just had coquettish-kittens Burr/Warner speaking to how our electoral integrity is frought with Russian interference, and they can’t conclude much of anything beyond that (til 2018-2020).
Burr’s first comment was how ppl they’ve interviewed from the obama admin were sooooo cooperative and truthful. Trump affiliates, they’ve been cooperating but subject to recall.
Equifax/IRS story was in the news yesterday or day before, and they don’t even try to pretend this didn’t happen. Of course no reporter, not even the orignator of the story bothered to ask.
After all is said and done, warts and all, Equifax is still a better organization than the IRS is!
I never dealt with contracts of that magnitude in the Federal Government, but there *has* to be some standard clause through which the employer (Uncle Sam) can dump the contractor at any time.
Then again, seeing as how Equifax’s Security Officer was a gender affirmative action hire, I guess this “little matter” doesn’t count….
$7.25? … sounds right to me!
So fix it Trump….anytime now and lose Sessions with them.
It doesn’t matter much. From a security standpoint, one of the worst places to park your personal info is with the feds.
Municipalities & states have mandatory RFP’s over a certain $ amt. Fed govt issuing No bid contracts is a big tell. Check donor lists.
THIS JUST IN: Bernie Madoff to be the next Federal Reserve Chairman.
Just because his scheduled date of release is November 14, 2139, doesn’t mean he can’t work!
Perhaps a Muslim with a knife could be the Surgeon General.
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