Walter H. Pinson, III

The FACT Act requires that the FTC improve the accuracy of consumer records and make improvements in the use of, and consumer access to credit information.  It says as much in the first paragraph. The FTC has devised a methodology that requires experts and consumers to work together to audit CRAs for accuracy and completeness.  It has also devised a program around this methodology and a plan to roll it out nationwide. This is in stark conflict with the Valentine’s Day gift that we will all receive from Experian on 2/14/2009.  Experian says that it is no longer going to make credit information available to consumers. So how does the FTC audit Experian using its newly revised methodology; which requires consumer participation, when Experian expressly denies consumers acces... (more)

Summer School

Classes have not yet started. But, of course, I have already been given my first assignment. You guessed it; reading. A Concise Guide to Macro Economics What Managers, Executives, and Students Need to Know by David A. Moss               Blue Ocean Strategy How to Create Uncontested Market Space and Make the Competition Irrelevant by W. Chan Kim and Renee Mauborgne The good news is t... (more)

Experian snubs FTC. Who will win this fight?…

The FACT Act requires that the FTC improve the accuracy of consumer records and make improvements in the use of, and consumer access to credit information.  It says as much in the first paragraph. The FTC has devised a methodology that requires experts and consumers to work together to audit CRAs for accuracy and completeness.  It has also devised a program around this methodology and a p... (more)

IT Investment vs IT Expense

If you are responsible for IT expenditures at any level within an organization, there are certain questions that you may ask yourself. Does the money that we spend on IT really make a difference? Does the technology that we purchase produce some material benefit or strategic advantage over a period of time? Do the IT projects that we fund support our company’s strategic business objective... (more)

Experian snubs FTC. Who will win this fight?…

The FACT Act requires that the FTC improve the accuracy of consumer records and make improvements in the use of, and consumer access to credit information.  It says as much in the first paragraph. The FTC has devised a methodology that requires experts and consumers to work together to audit CRAs for accuracy and completeness.  It has also devised a program around this methodology and a p... (more)