[Copernicus]

"This article reeks. I don't see how any of those 'industry giants' can't see how stupid it is to be 'releasing' statements after the bill has already been passed. The time for action was before it went through. I mean, what do these bums really think they are going to accomplish? "

It makes perfect sense to address the problem in public AFTER the law passes. IG bills have been voted on for the last 6 or 7 years and failed every time. As late as 24 hours before it passed the consensus was that there wasnt time left on the agenda to pass it.

To raise the profile of the issue with that kind of prognosis for passage could well have been counter-productive.

Given the Antigua precedent I am sure that sites have formulated a strategy to respond. Whether the law was tightly written enough to block any response remains to be seen.

Lets see how thorough the responses and not be so quick to judge execs competent enough to build mutli-billion dollar businesses. There isnt a chance in hell they buried their heads in the sand over this.

And the above contention that the statements are intended to prop up stock values is ludicrous. If there are no teeth in the statement that make sense, the stock is going down.