Okay, I just finished reading the bill in one sitting. Though I dislike the possibilities for the flow of information (info sharing is encouraged to be mutual, gorman, not government to private equity necessarily), the bill does specifically say that the federal government cannot take any actions that do not involve pointing and screaming, that alone takes away every issue I could possibly have. I still don't know why there needs to be a specific bill for big brother to send information down to private equities or vice versa, but since the bill kind of stops at that, then it seems to be more of a technical issue than a change in privacy.
Guess I'm converted.