AFSCME 3357-HOF'S BLOG

GM Card Security Breach

Many newsources were carrying a story that up to 180,000 GM cards (issued by HSBC) were subject to a security breach. Initial reports indicated that it involved all GM cards issued by "an unnamed retailer". The USA Today story below discloses the retailer as Polo Ralph Lauren.

One wonders why it is only GM Cards used at Ralph Lauren? Why not all GM cards? Why not all cards used at Ralph Lauren? Something doesn't seem right here.

Also, you notice how the card company was initially more protective of Ralph Lauren's identity than the interests of the consumers to know if their cards were affected?


USATODAY.com - MasterCards used at Ralph Lauren should be replaced


Steve's Bad Companies of the Day

Stock Spammers - I was sent spam e-mails today from the companies listed below. I have put them all on a Bad Investment list. I don't see how anybody bites on these e-mails. Please don't. If you are thinking about investing in any of these companies, please reconsider.

These companies should be presumed to be bad investments based upon sending out spam e-mails touting their stock. If it’s a good company, they don’t have to spam your mailbox.

Symbol Company Comment

EOGI Emerson Oil & Gas No Independent info found

WYSK Wysak Petroleum No Independent info found

KEGS Key Energy Services, Inc. Apparently delisted

MFYS Medify Solutions No Independent info found

SQNC Sequoia Interests Corporation No independent info found