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E-Loan CEO Heats Up Consumer Privacy Battle
"The loose privacy rules in place are a catastrophe waiting to happen," Larsen said.
Larsen last year contributed $1 million to seed Californians for Privacy Now, an organization that is spearheading an effort to place a consumer financial data protection initiative on the state's 2004 ballot. The group's executive committee includes representatives from AARP, the American Civil Liberties Union, CALPRIG, the Consumer Federation of California, Consumers Union, Privacy Rights Clearinghouse and E-Loan.