Archive for July 5th, 2010

UK Unions Face Budget Cuts, Pay Cuts, Massively Reduced Severance Benefits

Posted on July 5th, 2010 in Economy | Comments Off

As the UK continues with its austerity program, British public unions are screaming loudly. The Telegraph reports Ministers to slash pay-offs for civil servants. Generous “golden goodbye” payments to civil servants are to be cut drastically to make it cheaper for ministers to lay off thousands of public sector staff, The Daily Telegraph has learnt. The changes, which will provoke a major confrontation with the unions, come as government departments are drawing up plans for budget cuts of …

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UK Unions Face Budget Cuts, Pay Cuts, Massively Reduced Severance Benefits

Home Refinance Scammers Target Hispanic Community – KIMA CBS 29

Posted on July 5th, 2010 in Work From Home Scams | Comments Off

KIMA CBS 29 Home Refinance Scammers Target Hispanic Community KIMA CBS 29 YAKIMA – Kima uncovered a scam preying on our area's Hispanic community. They tell families they can save their homes, with little to no …

6 Home Refinance Scammers Target Hispanic Community   KIMA CBS 29

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Home Refinance Scammers Target Hispanic Community – KIMA CBS 29

How will Baby Boomers’ retirement affect stocks? – USA Today

Posted on July 5th, 2010 in Fraud, Wall Street Scams | Comments Off

How will Baby Boomers' retirement affect stocks? USA Today All the revelations of fraud on Wall Street have had a cumulative effect on people, says Jim Floyd, senior analyst for the Leuthold Group, an institutional … and more

How to be Rich, Happy and Free from Scams: Minyanville's 2010 Mid …

Posted on July 5th, 2010 in Scams | Comments Off

In an effort to quell this emerging trend, Fannie Mae (FNM) implemented a new rule that will block homeowners from getting another mortgage for seven years if they strategically default. “Walking away from a mortgage is bad for …

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How to be Rich, Happy and Free from Scams: Minyanville's 2010 Mid …

Apple likely to spoil Sun Valley’s summer

Posted on July 5th, 2010 in Economy | Comments Off

The digital future is expected to polarise the annual summer gathering of media, tech and finance moguls, deviating from deal talk that used to dominate the unofficial agenda

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Apple likely to spoil Sun Valley’s summer

Unions rebuff call to repeal shipping law

Posted on July 5th, 2010 in Economy | Comments Off

US maritime unions and politicians have rushed to defend strict domestic shipping legislation after claims that these are hampering the clean-up of the Deep­water Horizon oil spill

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Unions rebuff call to repeal shipping law

Need for changes at the top of BP

Posted on July 5th, 2010 in Economy | Comments Off

It is never ideal to make management changes in the midst of a crisis. But it can be a regrettable necessity when things go sufficiently awry. This is the position that BP finds itself in

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Need for changes at the top of BP

US banks woo wealthiest clients

Posted on July 5th, 2010 in Economy | Comments Off

Competition is heating up in the sector as banks aggressively hire staff and conjure new offerings to offset slower growth in other parts of their businesses

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US banks woo wealthiest clients

Oil spill drains BP of funding options

Posted on July 5th, 2010 in Economy | Comments Off

Each extra barrel that spills adds to the cost of the clean-up, the potential penalties that BP will face and the economic losses suffered by the fishing and tourist industries that will have to be compensated

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Oil spill drains BP of funding options

Florida roadside signs pop up in bad economy – Before It’s News

Posted on July 5th, 2010 in Economy, Work From Home Scams | Comments Off

Florida roadside signs pop up in bad economy Before It’s News The scam artists commingle with the truly desperate. That sign for a “3/2 Investor Home 39k Ca$h” could be some poor soul losing his house or an unlicensed … and more

Global car sector’s rebound runs out of gas

Posted on July 5th, 2010 in Economy | Comments Off

Industry recovery falters as US retail car sales have recovered from last year’s lows but slowed over the past two months

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Global car sector’s rebound runs out of gas

Mirror survey of working professionals finds more than half worked during … – Pune Mirror

Posted on July 5th, 2010 in Work From Home Scams | Comments Off

Mirror survey of working professionals finds more than half worked during … Pune Mirror Some rather conscientious individuals also made the effort to work from home and many thought they actually got more work done that way! … and more

Ex-Telegraph editor in talks with News Corp

Posted on July 5th, 2010 in Economy | Comments Off

Discussions on a number of possible roles at the group, including a senior position within News Corp’s UK newspaper division

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Ex-Telegraph editor in talks with News Corp

JPMorgan brushes aside bill concerns

Posted on July 5th, 2010 in Economy | Comments Off

JPMorgan has brushed aside industry concerns that legislation forcing banks to spin off swap trading desks would make its commodities business less competitive

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JPMorgan brushes aside bill concerns

Do Grades Matter? How About the College? One Company Says the Answer is No

Posted on July 5th, 2010 in Economy | Comments Off

On this long 4th of July weekend, here is an Email from “KC” regarding the costs of education. “KC” writes …Hi Mish, I’ve emailed you before on this subject. Today, I came across an article where a small company has started recruiting directly out of high school. If education costs soar, I believe this is the future. I’ve been suggesting to many people for a while now that it’s a win-win for both employer and student to hire straight out of high school. The student …

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Do Grades Matter? How About the College? One Company Says the Answer is No

Stopping unwanted debt collection calls – 9NEWS.com

Posted on July 5th, 2010 in Work From Home Scams | Comments Off

Stopping unwanted debt collection calls 9NEWS.com Mingilton also warns if collectors start calling about a debt a consumer doesn't remember or doesn't believe they owe, it could be a scam . … and more

Hickman’s flood victims far from the spotlight – Knoxville News Sentinel

Posted on July 5th, 2010 in Work From Home Scams | Comments Off

Hickman's flood victims far from the spotlight Knoxville News Sentinel Someone claiming to be from FEMA told him he had to use the money to pay off his home loan and he gave the bank $8000 before he realized that was a scam , … and more

Georgetown Real Estate News: 5 Real Estate Scams To Be Aware Of

Posted on July 5th, 2010 in Fraud, Scams | Comments Off

… or send mortgage payments to a third party, according to Fannie Mae, which provides fact sheets on mortgage fraud. 2. Loan Documentation Fraud The Scam : This fraud involves numerous schemes in which a borrower provides inaccurate …

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Georgetown Real Estate News: 5 Real Estate Scams To Be Aware Of

Local participants criticize foreclosure aid program – Rome News Tribune

Posted on July 5th, 2010 in Wall Street Scams | Comments Off

Local participants criticize foreclosure aid program Rome News Tribune These loans were quickly sold to Wall Street banks. There is no one to stand with the Capettos, or you, against the gargantuan banking industry now. …

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Local participants criticize foreclosure aid program – Rome News Tribune