Toysmart Database To Be Destroyed

deebaine writes: "CNN has this article describing the settlement of the case of Toysmart.com's customer database, which Toysmart proposed to sell to the highest bidder in order to pay off their creditors. Apparently, the settlement stipulates that a Disney subsidiary will pay Toysmart $50,000, and they will destroy their own records. The FTC is hailing it as a victory."