The Senate Finance Committee questioned Equifax‘s response to a multiple data breaches on Wednesday, and — let’s face it. Financial hearings are boring.
The entire world of finance is made up of technical jargon to keep regular consumers on their heels so those in the know can take advantage of them — so it’s hard to understand what they’re even being accused of!
But hearings like these are also incredibly important, as they exist to stop regular people from getting cheated. Thankfully someone had a bright idea on how to get everyone to pay attention — they showed up dressed as Mr. Monopoly!
People watching the hearings could not take their eyes off Rich Uncle Pennybags (yes, that’s the character’s real name) sitting behind former Equifax CEO Richard Smith as he tried to dodge questions like how much extra money they were charging their customers for their bad security.
I definitely want to know more about the plans of this man sitting behind the Equifax CEO in Sen. banking hearing in a monopoly man outfit. pic.twitter.com/dwfukJJTA7
— Hannah Levintova (@H_Lev) October 4, 2017
The Monopoly man in the hearing room gallery is funny. Former Sen Saxby Chambliss in front of him advising Equifax is more depressing. pic.twitter.com/aRA3BmDFQX
— David Dayen (@ddayen) October 4, 2017
SCREAMING. A+ troll
The groups behind the prank have been identified as Public Citizen and Americans For Financial Reform. In an official release, Public Citizen President Robert Weissman explained:
“Forced arbitration clauses buried in the fine print of take-it-or-leave-it contracts may be the single most important tool that predatory banks, payday lenders, credit card companies and other financial institutions have used to escape accountability for cheating and defrauding consumers…
Forced arbitration gives companies like Wells Fargo and Equifax a monopoly over our system of justice by blocking consumers’ access to the courts. The CRA resolution striking down the arbitration rule is a virtual get-out-of-jail-free card for companies engaged in financial scams. It should not pass go.”
Cute! And understandable.
Here’s the full pic of the costume before the trolling goes down:
The Monopoly Man is RIGHT BEHIND #Equifax CEO Richard Smith in today’s hearing — monocle, top hat and mustache! https://t.co/T4W66p18w8 pic.twitter.com/pWEe0sfsKo
— Sensible Safeguards (@RegsRock) October 4, 2017
And if you want to hear more, we recommend starting with Elizabeth Warren eviscerating the former Equifax CEO (below):
[Image via Twitter.]
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