Readers react to Capital One's massive data breach and The Bancorp's expansion in CRE securitizations, defend fintechs offering retirement plans and more.
Slideshow
'Another day, another hack': Comments of the week
August 1, 2019 9:30 PM
“Another day, another hack. When does the payment cards community conclude that its products are simply fraud-prone? When do policymakers step in?”
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intheskies - Fotolia
"Yikes. The beginning of the end? Feels like we've been here before."
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Stephen VanHorn - stock.adobe.com
"It's been my first-hand observation that if consumers aren't paying their utilities on-time, they likely aren't paying anything else on time either so how would that hurt consumers any more than they're already hurting?"
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cacaroot - stock.adobe.com
"One of the most telling criticisms by the author is the . . . assigning in up-front the losses based upon those predictions, but not recognizing the earnings that are to be received over that same period."
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cosma - stock.adobe.com
"The proposed accounting for loan loss reserves will not change the economics of the lending business; it will be determined by actual credit losses over time . . . It is these economics which will determine credit availability."
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"If all political appointees are to be fired . . . many, many other high-level appointees put into place by Sen. Elizabeth Warren or (former CFPB Director) Richard Cordray would be included in the firings."
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Richard Johnson - stock.adobe.com
"The retirement paycheck is a brilliant idea that would benefit so many."
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