Re:I have made the decision to disband Hindenburg Research
by rcpt on Wednesday January 15, 2025 @10:25PM
(#42720728)
Equifax should not be in business anymore
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| on HN ]
Re:I have made the decision to disband Hindenburg Research
by sebmellen on Thursday January 16, 2025 @12:11AM
(#42721536)
We work closely with them and I've been impressed with how broad their product reach is. Whether they should be in business or not is a question for regulators, but the market rewards their unique position. If you continue to own something valuable that everyone else needs or wants, they will pay you for it.
There's a bigger question about how to properly price and penalize negative externalities. From a business perspective there isn't much difference between an oil spill and a mass data breach — "Whoopsie, we'll try not to do that again. In the meantime don't you need gas for your car?"