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May 2 2007 2:12PM EDT

Follow-ups: Chase, Rogoff

Remember the video footage of Chase leaving its customers' information – names, account numbers, social security numbers, loan applications, you name it – in the trash outside its Manhattan branches? Well, Chase has now responded to it, saying that "we are looking to see if this was an isolated situation" (um, the whole point of the video was that it wasn't an isolated situation: it happened all over the city), and that "we hope that the union people who got this personal info would not misuse it."

With all respect to Chase spokesman Tom Kelly, this is not good PR. If someone points out a massive security hole in your operations, you thank them profusely. You do not start casting aspersions and hinting darkly that they might "misuse" it.

Also, Le Monde fell for the Ken Rogoff fake Wolfowitz memo hook, line and sinker. Pretty funny.

(HT: Dealbreaker, Midas Oracle)

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