Radio Shack to Sell Off Customer Information in Fire Sale

Episode 1173 (03:42)

Although they promised customers that they would protect private information, Radio Shack has announced that they will be selling off customer information as part of the Fire Sale portion of their Bankruptcy. State governments and even AT&T have announced lawsuits to stop it. AT&T says that the privacy information should remain confidential through the sale and that Radio Shack should only sell to companies in the same business. But the lesson is clear, if you gave Radio Shack your information, they're now considering it an "asset." So much for privacy policies.