Every time I get a privacy policy in the mail, usually from a bank, I groan. They are all the fucking same. They are all contradictory. And most of all, they are all bad.
The scam goes like this. They claim they don't "sell your personal information to third parties." Just what I wanted! BUUUUUUT... They turn right around and give it out freely to "companies that perform marketing services on [their] behalf or to other financial institutions which we have joint marketing agreements."
So instead of directly selling your information, they set up "joint marketing agreements" or hire other companies to advertise, and give it to them. Same fucking outcome. I get spammed and other organizations get some of the info these banks collect, including "name, address, social security number, assets, income, account balance, payment history, parties to transaction, credit card usage, creditworthiness, and credit history." Fuck banks.
Found this via Dave today—literature condensed down to Power Point. And condensed is the key word. And we all know Power Point makes you dumb. Wow. Dumb out with some power point literature.