refusing assistance. what does it mean to the u.s.? our global economicage analyst. banks are closed there. there are limits on atm withdrawals. how much can people take out? 60 euros. tourists told not to rely on credit cards. restaurants and hotels may not want to take it. there will be a delay in getting your money because the greek banks are closed. oh my gosh. let s get rid of this guy. that s what the greeks are doing with their money. exactly. they are $355 billion in debt. they must make a $1.8 billion
requirements to help people. well critics call the law punitive and judgmental and also limits atm withdrawals to $25 a day. i have no idea how to do that. advocacy groups say that limit makes it tough for someone without a checking account to pay doctor bills or transportation expenses. and joining me right now the roundtable is the washington post opinion writer jonathan capehart and the guardian sabrina sideki and jeremy peters. tell me the thinking about it. i ve grown up with this way back since before reagan talked about welfare abuse. people signature around and watching television all day, generation after generation living off the dole. nobody likes that picture. i don t think people on that picture like being in it. it s not a happy seen. it s a loser scene in many ways generation after generation. first of all, is that an accurate portrait of the person receiving public assistance and, secondly, is the amount of money you get so low, i calculate it to be about $5 per per
imposed on their cards and atm withdrawals. chase says it s to protect their customers from further fraud. let s bring in danny cevallos. i m wondering if this is three suits going on, 333, given all these victims here. do you think these lawsuits will move forward? oh, definitely. i think we ll see more. what you re seeing right now in class action land is a race to the courthouse. each of these cases wants to be the first one and first in time so they can secure their place in line. but this will definitely be this is a perfect class action, all the individuals have very similar claims. although the dollar amounts may be different. i would look for this to get certified. this is a good case, as class action lawyers say. what are they looking for? what s their argument? their argument is going to be straight negligence to start with. when they gave that credit card information to target, target was entrusted with the care of that data. and clearly did not do what it
credit seen screening. the last statement from the ceo came three days ago and reads in part. we recognize this issue is confusing and disruptive in already busy holiday season. we want to emphasize issue is addressed and let guests know they can shop with confidence in the local target stores. two million shoppers said atm withdrawals on credit cards are limited to $100. purchases are limited to $300. chase bank keeping retail operations open over the weekend at 1100 different locations to reissue debit cards on the spot, gregg. gregg: mike, this is so huge. surely it seems that this will force some kind of material dramatic change in credit card security? it looks like it will change according to the buzz, credit card keep on your wallet. most of europe is on the chip system. the u.s. still uses the magnetic stripe on the back.
breach. they are temporarily limiting atm withdrawals in the u.s. to $100 a day and purchases to a total of $300 a day. investigators believe that overseas hackers were responsible for the cyber attack that happened during the first three weeks of the holiday shopping season. target is offering a 10% discount this weekend. the ceo offered words of gratitude to customers in a statement last night. what i would like to say to our guests is thank you for your business, your patience and thank you for having trust in target because tgs it s a time like this that really defines companies. we re a company that cares and we re committed to delivering a trustworthy experience. let me bring in a consumer reporter. bob hopkin.