Detailed text transcripts for TV channel - CNN - 20120105:07:26:00
>> speaking of facebook, tonight under surveillance, banks are using tweets and facebook to play big money brother. it's a growing trend, and it starts with a loan application. in the process the banks want to know about your social media connections, on twitter, linkedin and facebook and others. it's the bank's way of finding out if you're a good financial risk and along with snooping for a credit profile they check out your friends on your social networks to see if they would be good customers, too. i asked a senior legal analyst for his take on lenders and the internet. >> when it comes to ...