Thread: EU about to share all banking data details of consumers and businesses with US government
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Old 07-08-2010, 05:43 AM  
notime
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Quote:
Originally Posted by Ethersync View Post
Total bullshit.

What is the process by which the US government gets the information? Is there some intermediary that decides which requests to honor or can the Feds go straight to the banks with requests? What protection is there against industrial espionage? Is there a reciprocal agreement? Is a judge or warrant required at all?
European inspectors oversee that the info is not used for espionage.
The rest I don't have answers to, the news report does not mention details.
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