Mon, 02 Jun 2003 06:47:02 GMT

Credit Bureaus’ Disdain for Accuracy. Hartford Courant: A credit trap for consumers. The nation’s credit reporting business is built on a system so seriously flawed… [Dan Gillmor’s eJournal]

Another example of how a business model based on controlling information, no matter how poorly, has been allowed to succeed. Credit bureau’s will have to change but do not expect them to go without howling for governmental regulation, just all all failing business plans do.