Data Miners Moving To Offshore Data Havens

Former TIA personnel are moving their data mining [BugMeNot] operations offshore, to the Bahamas, to escape US privacy rules and make a buck. I’m waiting for somebody to publish the private data (financial, medical, legal) of federal officials and their families on an open internet web server out of the Bahamas. Is this what it will take for the US to enact stringent privacy rules? — via Slashdot