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San Jose Mercury News, Calif. Knight Ridder/Tribune Business News
Sep. 6--Legislation to guard your financial privacy is at risk. For that, you can credit tampering by Gov. Gray Davis, on behalf of industry lobbies.
Sen. Jackie Speier's bill, which will soon come before the Assembly, would be a model for the nation. SB773 would give customers of banks, insurers and other financial institutions control over personal data that companies compile on them.
A federal law that took effect this summer was supposed to do that. But it's proving to be useless. You know those "privacy notices" you've been getting in the mail -- inscrutable, with tiny ...