FDIC to track you
While this is not exactly new technology news, it's
of relevance to anyone with a bank-account. If you're not
interested, just skip this article. I assume there are nerds
who write code to implement these things.
Adam Muntner writes "
This FDIC proposal is pretty scary." The abstract
at the top of the linked page sums it up. Anyone know where
one can find out what banks do not have a formal KYC program?
Time to give them a reason to resist this... Also anyone know
why corporations happen
have government functions in the USA? (see the
1935 entry).
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