In article <[EMAIL PROTECTED]>, Fred Baker
<[EMAIL PROTECTED]> writes
no fundamental contradiction in the proposition that private sector
information can be mandated to be kept for minimum periods, is
confidential, but nevertheless can be acquired by lawful subpoena.
they are if the records are kept for no private sector purpose, which
is the case here. The corollary that is being built on is telco call
detail records, which were once used in billing. But the ISPs have no
use for the data and storing it costs power, cooling, disk-or-other-
storage, and so on. Get an ISP or other data center to give you an idea
how many megawatts they go through and what that costs...
You make the assumption that the banks have some business purpose to
keep data for more than 6 months? My online bank makes it hard for me to
go back further than that, but I'm sure the regulator insists they do.
Your other objections are just "whose dollars" issue (ignoring the
public policy debate, but this is a technical list).
--
Roland Perry
