JP Morgan accidentally deletes 47 million comms records
JP Morgan accidentally deletes 47 million comms records
Fined $4m for Who-Me-esque mess, for which it blames unnamed archiving vendor's retention settings
would be cool if common folk could also be forgiven for "accidentally" deleting evidence
This is the part of "corporations are people" that somehow always proves the lie.
Put all of JP Morgan in jail. It can't do any business at all until it serves the 90 days in jail for contempt of court since they failed to produce discovery and any of the SEC's assertions that could have been based on this data, no matter how outlandish, are considered as facts to the jury going forward.
They only get the advantages of being considered a person... None of the drawbacks... Laws in the US are screwed
“Accidentally”
My dog ate my mail server. What can you do?
4mil sounds like a pretty good deal. That's just good business!
Probably costs more than 4 million to store the data. How long till they just wipe the store and pay another 4 million just as cost saving measures.
What a coincidence
Why don’t they ever accidentally delete loan records?
#tottallyanaccident