Archive for July 7th, 2010

Fannie Mae Gets Tough With Walk-Away Mortgage Defaulters |

Posted on July 7th, 2010 in Scams | Comments Off

The good times are gone for residential mortgage defaulters in the US Fannie Mae has just changed the rules of the game for people who walk from.

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Fannie Mae Gets Tough With Walk-Away Mortgage Defaulters |

Ridley Scott Takes on The Wolf of Wall Street? – ComingSoon.net

Posted on July 7th, 2010 in Wall Street Scams | Comments Off

New York Magazine Ridley Scott Takes on The Wolf of Wall Street ? ComingSoon.net Leonardo DiCaprio may partner with Ridley Scott for an adaptation of The Wolf of Wall Street , reports Deadline. The project, based on the memoirs of Jordan … Ridley Scott and Leonardo DiCaprio Could Re-Team for 'The Wolf of Wall Street ' /FILM (blog) all 12 news articles

Disney loses ‘Millionaire’ case to Celador

Posted on July 7th, 2010 in Economy | Comments Off

Walt Disney has lost a long-running court case against Celador Entertainment, the UK creator of the Who Wants to Be a Millionaire? television show, and has been ordered to pay damages of $270m by a California district court

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Disney loses ‘Millionaire’ case to Celador

Market Rallies as Retail Sales ‘Purportedly’ Rise at Fastest Pace in 4 Years; Signs Suggest this Oversold Rally will Soon be Dead

Posted on July 7th, 2010 in Economy | Comments Off

Everyone is looking for signs of a continued recovery. Unfortunately there are many misleading signs that trap all but those willing to look beneath the surface to see what is really happening. For example, please consider the Bloomberg headline U.S. Retailers’ Sales Rise at Fastest Pace in 4 YearsU.S. retailers’ sales are growing at the fastest pace in four years, a sign consumers may be overcoming concern about unemployment and depressed home values. Sales probably expanded at an average …

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Market Rallies as Retail Sales ‘Purportedly’ Rise at Fastest Pace in 4 Years; Signs Suggest this Oversold Rally will Soon be Dead

Colony Capital close to deal for Miramax

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Colony Capital and Ron Tutor, who built a fortune in construction engineering, are close to sealing a deal to buy Miramax from Walt Disney for $600m to $700m, according to people familiar with the matter

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Colony Capital close to deal for Miramax

WWE looks to muscle its way into China

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World Wrestling Entertainment will host its first live event in China as part of a campaign to demonstrate its willingness to invest long-term to develop the country’s interest in what it calls “live sports entertainment’

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WWE looks to muscle its way into China

Poor contractor’s work and scams could lead to jail time in Tennessee. – WBIR-TV

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Poor contractor's work and scams could lead to jail time in Tennessee. WBIR-TV More than a year ago, Mike Townsend wanted work done on his Cedar Bluff home . After contacting and later “trusting” a contractor to do the work , … and more

Wall Street History: A Robber Baron And A Beer Baron – San Francisco Chronicle

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Wall Street History: A Robber Baron And A Beer Baron San Francisco Chronicle Wall Street History: iPhone Launch, IRS Birth And ZZZZ Best Fraud .) On July 6, 1699, William Kidd, a New York businessman cum pirate hunter cum pirate, …

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Wall Street History: A Robber Baron And A Beer Baron – San Francisco Chronicle

Families Turn to Self Storage After Falling Prey to Loan Modification Scams – Self Storage Industry News

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Families Turn to Self Storage After Falling Prey to Loan Modification Scams Self Storage Industry News The Figueroas, who both work in the construction industry, were laid off last year. They had managed to save $7000 for an emergency, but when they started … and more

Pelosi’s Healthcare Town Hall Plan Will Hurt Democrats – U.S. News & World Report (blog)

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Pelosi's Healthcare Town Hall Plan Will Hurt Democrats U.S. News & World Report (blog) Chuck Schumer helped them raise from Wall Street . Earlier this month, a hedge fund manager at the center of the Goldman Sachs fraud case held a fundraiser … and more

South Bend man wonders if phone call is a scam or good fortune – WSBT-TV

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South Bend man wonders if phone call is a scam or good fortune WSBT-TV For 77-year-old Seach — who fought in Korea and came home to work 46 years as a salesman for Sears, Roebuck and Co. — the news was sort of exciting. … and more

Economists Surprised Again as German Factory Orders Unexpectedly Fall

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Economists are surprised by the strangest things. The UK has announced austerity measures, Greece, Spain, Portugal (3 little PIIGS) are in forced austerity programs, and Germany is paying more attention to deficit reduction than growth (rightfully so), yet somehow economists expect factory orders in Germany to keep improving. Please consider the Bloomberg report German Factory Orders Unexpectedly Fell in MayGerman factory orders unexpectedly fell for the first time in five months in May as …

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Economists Surprised Again as German Factory Orders Unexpectedly Fall

Apple Reacts to Comic Book Fraud on iTunes With New Security Measures – Comics Alliance

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Myjoyonline.com Apple Reacts to Comic Book Fraud on iTunes With New Security Measures Comics Alliance As reported by the Wall Street Journal, consumers blew the whistle on Nguyen's 40+ sales-dominating comic apps (mostly Vietnamese versions of manga such as … Apple iTunes Accounts Hacked InformationWeek (blog) Apple says it pulled fraudulent apps UPI.com Apple bolsters App Store security in wake of developer fraud Fiercemobilecontent all 1,060 news articles

Work at Home Companies Use Legit Websites to Scam – WKBW-TV

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Work at Home Companies Use Legit Websites to Scam WKBW-TV “It's not just work at home scams . Its credit repair and anything financial.There are people out there more than willing to take money from the people who …

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Work at Home Companies Use Legit Websites to Scam – WKBW-TV

BP’s relief well close to target

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The first relief well being drilled to allow the gushing BP well in the Gulf of Mexico to be capped is only 300ft from its target depth, having sunk to a total of about 17,710ft through water and rock, the US authorities said

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BP’s relief well close to target

Lumber

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Good for builders, but a creaking sound from the US economy

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Lumber

German city in legal action against Facebook

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Data protection officials in Hamburg have launched legal action against the US social networking group, which is accused of illegally accessing and saving the personal details of non-users

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German city in legal action against Facebook

Carlyle officials face $1bn legal case

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The liquidators of the failed mortgage investment affiliate of the Carlyle Group filed a lawsuit against the powerful private equity firm and several of its directors, seeking to recover $1bn in losses

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Carlyle officials face $1bn legal case

Conn. AG, Health Net Reach Settlement Over Medical Data Breach – iHealthBeat

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Conn. AG, Health Net Reach Settlement Over Medical Data Breach iHealthBeat The insurer also may pay the state $500000 if any identity fraud activity is linked to data from the missing hard drive (Dow Jones/ Wall Street Journal, … and more

Brussels to look closely at Google probe

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The fact EU commissioner has commented on the case for the first time since complaints were will do nothing to dampen speculation of a formal probe within months

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Brussels to look closely at Google probe

Hexagon / Intergraph

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The tools are to hand for the company to map and measure the way ahead

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Hexagon / Intergraph

International Forecaster July 2010 (#2) – Gold, Silver, Economy + More – Gold Seek

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International Forecaster July 2010 (#2) – Gold, Silver, Economy + More Gold Seek This is straight forward dictatorship controlled from Wall Street . The president and most of Congress are pliable socialists only intent on enriching … and more

Apple iTunes Fraud Is Firm’s Latest Hurdle – Smartmoney.com

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Apple iTunes Fraud Is Firm's Latest Hurdle Smartmoney.com … developer breached hundreds of its iTunes user accounts, triggering customer complaints about fraudulent activity, according to The Wall Street Journal. … and more

Spotting crooked contractors – TheNewsTribune.com

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TheNewsTribune.com Spotting crooked contractors TheNewsTribune.com In the shadows lurk shady contractors who lie, scam and cheat their way into trusting homes. Those homeowners are left with uncompleted work , … and more

Karnataka ombudsman formally withdraws resignation – Sify

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Rediff Karnataka ombudsman formally withdraws resignation Sify He had also turned down similar pleas by union Home Minister P. Chidambaram, political parties and several organisations in Karnataka. … Mining scam may touch Rs 60000 cr: Cong Mangalorean.com all 58 news articles

Manila taps social networks to boost taxes

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The new Philippine government of President Benigno “Noynoy” Aquino is enlisting Facebook and Twitter in an ambitious effort to close the country’s gaping budget deficit

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Manila taps social networks to boost taxes

Not All Tennessee Flood Victims Are in Nashville – Insurance Journal

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Not All Tennessee Flood Victims Are in Nashville Insurance Journal 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 , …

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Not All Tennessee Flood Victims Are in Nashville – Insurance Journal

The scorching heat is not just summer. It’s more evidence of global warming – Atlanta Journal Constitution (blog)

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The scorching heat is not just summer. It's more evidence of global warming Atlanta Journal Constitution (blog) “A 92 year old woman was found dead in her home ”, that prooves it, where do I sign up for this new tax scam ? stupid question of the day, will politicians … and more

Hussman Blasts Geithner, Bernanke, Keynes; Why Keynesian Stimulus Always Fails

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In his latest post, John Hussman takes a well deserved swipe at illegal Fed operations, Geithner, Bernanke, and Keynesian stimulus. Please consider a few snips from Implications of a Likely Economic Downturn. …. With regard to “stimulus” plans, my difficulty with last year’s policies is not so much an aversion to government spending as it is a rebuke of the notion that government spending is by its nature stimulative or beneficial to the economy. The issue is how this real value …

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Hussman Blasts Geithner, Bernanke, Keynes; Why Keynesian Stimulus Always Fails

San Jose Mayor Ponders Selling Water System; San Jose College ‘Director of Institutional Effectiveness’ Works Another Job While on Sick Leave

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San Jose has budget troubles and is considering selling assets to help balance the budget. Mercury News reports San Jose considering plan to sell water system.San Jose officials are considering leasing or selling the city’s water system. Mayor Chuck Reed says the idea could help balance the budget. A sale could bring in $50 million or more—but also higher water bill for some residents. One potential buyer is the private San Jose Water Co., which supplies 1 million people in San Jose and …

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San Jose Mayor Ponders Selling Water System; San Jose College ‘Director of Institutional Effectiveness’ Works Another Job While on Sick Leave

Retired, or Current BP Employees Who Suffered Catastrophic Losses in Their 401 … – PR Web (press release)

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PR Web (press release) Retired, or Current BP Employees Who Suffered Catastrophic Losses in Their 401 … PR Web (press release) The Wall Street Fraud Watchdog is attempting to assist all current, or retired BP employees, with what could be described as catastrophic losses in their … and more

The Technology newsbucket: Sony ebooks, HTC profits, the mobile app ecosystem … – The Guardian (blog)

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The Technology newsbucket: Sony ebooks, HTC profits, the mobile app ecosystem … The Guardian (blog) Strong sales lift HTC profit 33% > > Wall Street Journal Second-quarter unaudited net profit for the Taiwanese smartphone manufacturer was $268m, …

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The Technology newsbucket: Sony ebooks, HTC profits, the mobile app ecosystem … – The Guardian (blog)

Booz and AT Kearney end merger talks

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The two management consulting firms say their ‘future aspirations will be best realised as separate partnerships’

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Booz and AT Kearney end merger talks

Millionaire lifestyle of benefit fraudster: jailed, the company director who … – Daily Mail

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Daily Mail Millionaire lifestyle of benefit fraudster: jailed, the company director who … Daily Mail During the benefits scam Watkinson's wife also sold her own home , netting an undeclared £115000. Mrs Watkinson also earned up to £40000 a year as a … Lavish lifestyle of jailed Wirral company director who claimed he had only £20 … Wirral Globe all 8 news articles

Frantic bid to save home – Santa Rosa Press Democrat

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Frantic bid to save home Santa Rosa Press Democrat And in April, all the phone numbers for Mod Specialist were disconnected and the Figueroas believe that they had fallen for a scam . Several other clients of … and more