The Ph.D.s are running the asylum

From: Greg Fisher [mailto:greg@creditscoring.com]
Sent: Tuesday, April 24, 2012 5:05 PM
To: Francis S. Collins, M.D., Ph.D, director, National Institutes of Health (via J. Burklow); Francis S. Collins, M.D., Ph.D, director, National Institutes of Health (via M. Allen); Francis S. Collins, M.D., Ph.D, director, National Institutes of Health (via K. Cravedi)
Cc: Dr. Woody; Dr. Woody (via Tom Estley); Rupert Murdoch, chairman and CEO, News Corporation (via Julie Henderson); Roger Ailes, chairman and CEO, Fox Business Network, Fox News, News Corporation; Roger Ailes, chairman and CEO, Fox Business Network, Fox News, News Corporation (alt I); Roger Ailes, chairman and CEO, Fox Business Network, Fox News, News Corporation (alt II); Irena Briganti, group SVP, Media Relations, Fox Business Network, Fox News, News Corporation; Brian Lewis, executive vice president, Corporate Communications, Fox Business Network, Fox News, News Corporation; Daniel S. Whitman, assistant professor, Rucks Department of Management, Louisiana State University
Subject: credit score, employers, Fox Business, Act II, NIH

On your website, an abstract for the research publication “An empirical investigation of dispositional antecedents and performance-related outcomes of credit scores” falsely states, “Many organizations use credit scores as an employment screening tool, but little is known about the legitimacy of such practices.”

Employers do not use credit scores.  Please stop repeating the inaccurate information.

The authors of the report have not replied.  One of them is quoted in a story dated one day ago and published by Rupert Murdoch of Fox Business Network and News Corporation.  Murdoch published, “According to the Society for Human Resource Management, 60% of employers check applicants’ credit scores for at least some of their job candidates as part of their hiring process.”  Then, the word scores changed to reports.

Poof—it’s just like magic, as if it never happened.  However, the piece still states, “It’s not enough that we have to keep up with three different versions that never seem to quite agree, but nowadays we must also be ready to defend our scores during a job interview.”

No, we do not.  That is preposterous.


Greg Fisher
The Credit Scoring Site
creditscoring.com
PO Box 342
Dayton, Ohio  45409-0342

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