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Privacy Blunder at Bloomberg Escalates

Monday, 13 May 2013 | 7:06 AM ET

CNBC's Kayla Tausche reports which Wall Street firms have complained. And, Michael Driscoll, Adelphi University professor; and Harvey Pitt, Kalorama Partners, discuss the cost of a privacy breach and the value of secrecy and anonymity. (Disclosure: Bloomberg is a competitor of CNBC in reporting and distributing business news on the Web and on television.)