Archive for July 22nd, 2010

The pay czar’s Wall Street report card – Salon

Posted on July 22nd, 2010 in Wall Street Scams | Comments Off

Salon The pay czar's Wall Street report card Salon We already know that Wall Street has no shame; I don't think they're going to be responsive to some nasty name-calling. Mr. Feinberg's findings could … and more

Men jailed for orchard immigration scam – TVNZ

Posted on July 22nd, 2010 in Work From Home Scams | Comments Off

Men jailed for orchard immigration scam TVNZ A fourth accused, Surjit “Uncle” Singh, 62, the father of Dharminder Singh, who was employed as a clerk, was sentenced to nine months' home detention when … and more

Amazon steps up shoe sales

Posted on July 22nd, 2010 in Economy | Comments Off

The US online retailer reports an increase in second quarter revenue and a jump in net income to $207m boosted by its Zappos division, but the results miss estimates by about 16%

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Amazon steps up shoe sales

Dell to Pay $100 Million Settlement – New York Times

Posted on July 22nd, 2010 in Fraud, Wall Street Scams | Comments Off

Globe and Mail Dell to Pay $100 Million Settlement New York Times Company executives, according to the SEC, relied on the payments from Intel to meet or surpass Wall Street's expectations. Intel paid Dell in the form of … Wall Street Breakfast: Must-Know News Seeking Alpha (blog) 'A Bad Way to Run a Railroad': Dell Pays Big to Settle Fraud Charges Wall Street Journal (blog) Dell Agrees to $100 in Penalties to Settle SEC Accounting Fraud Charges Lawyers and Settlements USA Today

What Happened at the ‘Enron of Kansas’? – New York Times (blog)

Posted on July 22nd, 2010 in Wall Street Scams | Comments Off

What Happened at the 'Enron of Kansas'? New York Times (blog) Hard as it is to fathom, some three years into the worst financial crisis of our lifetimes, not a single Wall Street or corporate … and more

Financial reform law includes big cash incentives for whistle-blowers – Los Angeles Times

Posted on July 22nd, 2010 in Fraud, Wall Street Scams | Comments Off

Financial reform law includes big cash incentives for whistle-blowers Los Angeles Times The new financial reform law has what some lawyers call a secret weapon against fraud on Wall Street and in corporate … and more

US needs to deliver certainty, says UPS

Posted on July 22nd, 2010 in Economy | Comments Off

A lack of clarity about energy and healthcare policy is restraining the pace of economic recovery among small businesses in the US, according to the world’s largest package delivery company

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US needs to deliver certainty, says UPS

SEC gives asset-backed deals 6 months’ grace

Posted on July 22nd, 2010 in Economy | Comments Off

Companies selling securities backed by loans will have breathing room to comply with new US regulations that could make such sales difficult, amid rating agency fears over legal action

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SEC gives asset-backed deals 6 months’ grace

Scribbled Notes Helped Scuttle AIG Probe – Wall Street Journal

Posted on July 22nd, 2010 in Wall Street Scams | Comments Off

Scribbled Notes Helped Scuttle AIG Probe Wall Street Journal A Wall Street Journal examination of how the probe fell apart shows the tremendous complexity of the investigations stemming from the implosion of the … and more

Rising PC sales help Microsoft revenues

Posted on July 22nd, 2010 in Economy | Comments Off

A global rebound in personal computer sales after last year’s collapse, along with the launch of a new version of the Windows operating system, fuelled a 22 per cent bounce in Microsoft’s revenues in the latest quarter

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Rising PC sales help Microsoft revenues

Internet scams hit home in Marion County – Ocala

Posted on July 22nd, 2010 in Scams, Work From Home Scams | Comments Off

Internet scams hit home in Marion County Ocala To be successful, scams almost always offer would-be victims a great deal, she said. And that was true with Estep's home scam . Comparable homes rented for …

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Internet scams hit home in Marion County – Ocala

Apparent Florence credit union text messages part of scam – South Carolina Now

Posted on July 22nd, 2010 in Work From Home Scams | Comments Off

Apparent Florence credit union text messages part of scam South Carolina Now Health Facilities Federal Credit Union Marketing Manager Michelle Bailey said the messages gave two different numbers, and the texts are the work of scam … and more

Dell settles with SEC over fraud charge

Posted on July 22nd, 2010 in Economy, Fraud | Comments Off

Dell agreed to pay a $100m penalty to settle a fraud charge by the Securities and Exchange Commission alleging false accounting based on undisclosed payments from Intel

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Dell settles with SEC over fraud charge

Spot a scam or a con – Sequim Gazette

Posted on July 22nd, 2010 in Scams, Work From Home Scams | Comments Off

Spot a scam or a con Sequim Gazette Be wary of mail or e-mails promising “free” vacations, foreign lotteries, cashier check scams , work at home offers or schemes that ask for your money up … and more

Olathe Warning of Possible Storm Related Scams – fox4kc.com

Posted on July 22nd, 2010 in Scams, Work From Home Scams | Comments Off

Olathe Warning of Possible Storm Related Scams fox4kc.com The city says that neither the city nor its insurance company has authorized any companies to perform storm related work on private property. … and more

New York files suits against BofA and Merrill

Posted on July 22nd, 2010 in Economy | Comments Off

The state comptroller has filed separate lawsuits against Bank of America and Merrill Lynch, BofA’s controversial acquisition, alleging pensioner losses due to the lenders’ actions during the crisis

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New York files suits against BofA and Merrill

GM buys AmeriCredit in $3.5bn deal

Posted on July 22nd, 2010 in Economy | Comments Off

General Motors agrees to buy AmeriCredit, a Texas-based vehicle finance company, for $3.5bn in cash

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GM buys AmeriCredit in $3.5bn deal

Wireless unit helps AT&T beat quarterly forecasts

Posted on July 22nd, 2010 in Economy | Comments Off

The Dallas-based company was optimistic about prospects for 2010 even though the industry has experienced slower growth

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Wireless unit helps AT&T beat quarterly forecasts

Digital ad boost for New York Times

Posted on July 22nd, 2010 in Economy | Comments Off

The publisher reported its first rise in quarterly revenue since 2007 as double-digit gains in digital advertising helped offset a slide in print ad revenue

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Digital ad boost for New York Times

Yoli and Sharon's Real Estate Reality Check: 5 Real Estate Scams …

Posted on July 22nd, 2010 in Scams | Comments Off

… or the owner listed on the appraisal and title not matching the seller on the sales contract, according to Fannie Mae. 5. Short Sales Schemes. The Scam : Borrowers owe more than the current value of their home so they fake financial …

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Yoli and Sharon's Real Estate Reality Check: 5 Real Estate Scams …

Real Estate Scams You Need to Know About

Posted on July 22nd, 2010 in Fraud, Scams | Comments Off

Here are a few common scams and the red flags you should look for in a transaction. By Melissa Dittmann Tracey | August 2010Mortgage fraud is pervasive: An estimated $4 billion to $6 billion in annual losses result from mortgage. … often advised to sign over the title of their house to a third party, become renters of their home, not contact their lender, or send mortgage payments to a third party, according to Fannie Mae, which provides fact sheets on mortgage fraud. …

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Real Estate Scams You Need to Know About

Industrial groups defy gloom with strong orders

Posted on July 22nd, 2010 in Economy | Comments Off

Caterpillar and 3M issued bullish calls while delivering second-quarter profits ahead of Wall Street’s expectationss

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Industrial groups defy gloom with strong orders

Bergen County Improvement Authority Chairman Accused of Role In Scam – Patch

Posted on July 22nd, 2010 in Fraud, Work From Home Scams | Comments Off

Bergen County Improvement Authority Chairman Accused of Role In Scam Patch … with fraudulent mortgage and home equity loans brokered by Residential Mortgage between 2006 and 2009, according to US Attorney Paul J. Fishman. … and more

Republicans & Conservatives: Finish Fannie & Freddie

Posted on July 22nd, 2010 in Scams | Comments Off

The SEC had gotten several reports, several people coming forward to talk about this scam . It’s easy to hide a scam when everybody’s trying to avoid the ugly truth that the whole market is full of scams . tom humes- …

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Republicans & Conservatives: Finish Fannie & Freddie

Magna investors set to debate shares reform

Posted on July 22nd, 2010 in Economy | Comments Off

A classic choice between honour and expediency faces shareholders of the global car parts maker as they vote on a hotly debated plan to dismantle the group’s multiple-vote share structure

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Magna investors set to debate shares reform

Corporate America Unites with Community Organizations to Launch “A Million Jobs for America”

Posted on July 22nd, 2010 in Unemployment News | Comments Off

(From Business Wire) — A consortium of the nation’s largest and smallest employers have joined forces to compile a job bank of one million immediate job openings across the country, in an effort to put Americans back to work. As of today, nearly 600,000 jobs have been listed in the job bank, with hundreds more added daily. “A Million Jobs for America™,” which launched today, is corporate America’s response to reversing the high unemployment rate. Employers include some of the largest corporations in America, as well as small and mid-sized firms, who have pledged financial support and, more importantly, their job openings in an effort to stimulate the job market. One unique element of the program is its focus on helping Americans who most need employment: Job openings are distributed directly to veterans groups, disabled individuals, non-profit organizations and state unemployment offices. In turn, employers who hire these qualified candidates may be eligible for federal tax credits, such as Restore Employment Act (HIRE) Credits and Work Opportunity Tax Credits. “Who better than American business to lead the job creation efforts and help get Americans back to work?” asked Mark S. Andrekovich, President of MAXIMUS Tax Credit and Employer Services, the sponsor leading this effort to bring businesses and community organizations together. “ ‘A Million Jobs for America’ is our way of helping reverse the staggering unemployment rate and get Americans back to work,” said Dennis Ratner, Founder and CEO of Ratner Companies, the parent company of Hair Cuttery. “CEOs across the country know that true economic recovery will happen when – and only when – our workforce is back to full capacity.” Read more.

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Corporate America Unites with Community Organizations to Launch “A Million Jobs for America”

Blackstone buy-out fund hits $13.5bn

Posted on July 22nd, 2010 in Economy | Comments Off

Investment powerhouse Blackstone has raised a greater-than-anticipated $13.5bn for its new buy-out fund, the biggest since the financial markets crisis, in a strong quarter in which income rose 13 per cent to $205m

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Blackstone buy-out fund hits $13.5bn

J.T. Oden (the Real Estate Man): 5 Real Estate Scams You Need to …

Posted on July 22nd, 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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J.T. Oden (the Real Estate Man): 5 Real Estate Scams You Need to …

Beware of Mortgage Fraud – It's still happening!

Posted on July 22nd, 2010 in Fraud, Scams | Comments Off

… become renters of their home, not contact their lender, 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 …

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Beware of Mortgage Fraud – It's still happening!

PAC orders action against HSEB brass – Republica

Posted on July 22nd, 2010 in Education Scam | Comments Off

PAC orders action against HSEB brass Republica KATHMANDU, July 22: The Public Accounts Committee (PAC) of Parliament on Thursday instructed the Office of the Prime Minister and Council of Ministers … and more

Five Real Estate Mortage Scams to Watch Out For | NevadaCounty.com

Posted on July 22nd, 2010 in Fraud, Scams | Comments Off

… or the application is unsigned or undated, according to Fannie Mae. 3. Appraisal Fraud. The Scam : A faulty appraisal — saying a property is worth more than what it really is — is connected to many types of mortgage fraud. …

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Five Real Estate Mortage Scams to Watch Out For | NevadaCounty.com

‘Innocents’ help commit credit card fraud – The Age

Posted on July 22nd, 2010 in Fraud, Work From Home Scams | Comments Off

ABC Online 'Innocents' help commit credit card fraud The Age The ring advertises on legitimate job sites, offering large sums of money for people willing to work as ''dispatch managers''. … Credit card scam targets vulnerable job-seekers The Age Job-seekers tricked into handling stolen goods ABC Online all 4 news articles

How Black rode the slipstream to freedom – Sydney Morning Herald

Posted on July 22nd, 2010 in Wall Street Scams | Comments Off

The Hindu How Black rode the slipstream to freedom Sydney Morning Herald One person did notice this ''corporate pickpocketing'' – Laura Jereski, a former reporter with The Wall Street Journal, who was subjected to alternate … I hope Black's enemies like crow National Post Conrad Black released from Florida jail – but has to stay in US The Guardian Conrad Black's name is at last being cleared Catholic Herald Online (blog) CanadianBusiness.com

Guard home, money after severe weather strikes – Akron Leader Publications

Posted on July 22nd, 2010 in Work From Home Scams | Comments Off

Guard home , money after severe weather strikes Akron Leader Publications By Staff Writer SUMMIT COUNTY — According to the Summit County Office of Consumer Afairs, residents need to be aware of scam artists who prey on homeowners …

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Guard home, money after severe weather strikes – Akron Leader Publications

Work at home scams: Workers beware – Helium

Posted on July 22nd, 2010 in Scams, Work From Home Scams | Comments Off

Work at home scams : Workers beware Helium While some multi-level marketing techniques are scams out their, there are still some legit work at home scams . I am a stay at home mother and I am …

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Work at home scams: Workers beware – Helium

Caterpillar shrugs off industrial concerns

Posted on July 22nd, 2010 in Economy | Comments Off

The world’s biggest maker of earth-moving equipment brushes off worries about a slowdown in global industrial demand as it raises its forecast for full-year profits and reports earnings far ahead of Wall Street expectations

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Caterpillar shrugs off industrial concerns

Network Marketing Success — Get The Real Secrets « ugg ultra short …

Posted on July 22nd, 2010 in Scams, Uncategorized | Comments Off

fanny . Uncategorized. Of course you have seen them, the heavy hitters with their network marketing success stories. If you have not spotted them in person at company events, you have seen their pictures on the internet beside their dream homes and their luxury cars. Are the stories and the pictures just a network marketing scam or could they be true? And if they could be yours, what discount puma shoes is puma sale preventing you from getting a piece of that success? …

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Network Marketing Success — Get The Real Secrets « ugg ultra short …

What lead to the subprime mortgage collapse? | Mortgage Marketing Blog

Posted on July 22nd, 2010 in Scams | Comments Off

Biggest scam ever. Too bad both sides are blaming the bankers. Fannie and Freddy didn’t lend to people that couldn’t afford it. They were always A paper. The only people I ever saw with “bad” credit get approved for a home loan through …

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What lead to the subprime mortgage collapse? | Mortgage Marketing Blog

Find Out The Latest Scheme Of Home Loan Modification Scams – OfficialWire (press release)

Posted on July 22nd, 2010 in Scams, Work From Home Scams | Comments Off

Find Out The Latest Scheme Of Home Loan Modification Scams OfficialWire (press release) A loan modification is when a lender adjusts your current mortgage to work with you because of personal economical hardship. … and more

Mark Udal, Obama and their greenie crap! | Coolweather

Posted on July 22nd, 2010 in Scams | Comments Off

Fredy and Fanny are scams , and AIG shows the complete lack of any ability. Yet you want us to support you in distorying our only currently producing oil, gas, coal and pot industries. Are you trying for 20% unemployment! …

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Mark Udal, Obama and their greenie crap! | Coolweather

Credit card scam targets vulnerable job-seekers – The Age

Posted on July 22nd, 2010 in Work From Home Scams | Comments Off

ABC Online Credit card scam targets vulnerable job-seekers The Age “Once someone responds to the ads they are required to work from home receiving courier packages, with items ranging from expensive cameras and laptops to … Job-seekers tricked into handling stolen goods ABC Online all 3 news articles