Reply to post: Re: I hope this doesn't affect his credit rating...

Equifax CEO falls on his sword weeks after credit biz admits mega-breach

Eddy Ito Silver badge

Re: I hope this doesn't affect his credit rating...

It's a different metric and not credit as we hoi polloi know it since rich people theoretically can back it up with cash as a security. Even so, when you're rich, you don't spend your money, you spend other people's money so that if/when your business goes under you limit your liability. Why risk your money when you can sucker someone else to do it and get the profit either way? Just look at the latest example of the LA Rams/Chargers stadium boondoggle.

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