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Doubts About Independent Foreclosure Review Spread

Fri, 19 Oct 2012 00:00:00 -0700

ProPublica - By Paul Kiel - Oct. 19 (Investigative Report) - The idea behind the Independent Foreclosure Review seems simple. During the peak of the foreclosure crisis, the banks broke laws and made errors that hurt homeowners. In response, the government mandated they compensate the victims. But there is growing evidence some banks are playing a major role in identifying the victims of their own abuses, raising the question of whether the review is compromised by conflicts of interest.

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Why a Major Food Organization Is Teaming Up With Monsanto and Friends to Block Your Right to Know What's in Your Food

Sat, 04 Aug 2012 00:00:00 -0700

AlterNet - By Ronnie Cummins - Aug. 04 (News Analysis) - This November, Californians will vote for or against Prop 37 , the California Right to Know Genetically Engineered Food Act. The outcome of that vote will likely determine whether the U.S. will one day join the nearly 50 other countries that allow their citizens to choose between genetically engineered and non-genetically engineered food through the enactment of laws requiring mandatory labeling of genetically modified organisms (GMOs).

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What the Chinese Want

Sat, 19 May 2012 00:00:00 -0700

Wall Street Journal - By Tom Doctoroff - May. 19 (Opinion) - Consumers in China are increasingly modern in their tastes, but they are not becoming 'Western.' How the selling of coffee, cars and pizza sheds light on a nation racing toward superpower status.

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Earth faces a century of disasters, report warns

Thu, 26 Apr 2012 00:00:00 -0700

The Guardian - By John Vidal - Apr. 26 (News Report) - Economic and environmental catastrophes unavoidable unless rich countries cut consumption and global population stabilises World population needs to be stabilised quickly and high consumption in rich countries rapidly reduced to avoid "a downward spiral of economic and environmental ills", warns a major report from the Royal Society . Contraception must be offered to all women who want it and consumption cut to reduce inequality, says the study published on Thursday, which was chaired by Nobel prize-winning biologist Sir John Sulston . The assessment of humanity's prospects in the next 100 years, which has taken 21 months to complete, argues strongly that to achieve long and healthy lives for all 9 billion people expected to be living in 2050, the twin issues of population and consumption must pushed to the top of political and economic agendas. Both issues have been largely ignored by politicians and played down by environment and development groups for 20 years, the report says. "The ...

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Obama-GOP battle turns ruthless

Mon, 09 Jan 2012 00:00:00 -0800

CNN - By David Frum - Jan. 09 (Opinion) - Watch the Republican primaries, and you can feel: the American political system is working. The GOP is discarding the unqualified and irresponsible candidates and rapidly converging on the person in the race who could actually do the job of president. But the week's second biggest political story shows a very different reality: a political system careening toward crisis. This is the story of the battle over President Barack Obama's nomination of Richard Cordray to head the new Consumer Financial Protection Bureau.

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U.S. Car Manufacturers Have Record December

Wed, 04 Jan 2012 00:00:00 -0800

ABC News - By Susanna Kim - Jan. 04 (News Report) - Chrysler announced its best monthly retail sales in four year years, leading the pack of U.S. car makers who had capped a robust 2011 with strong December sales.

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Obama: Recess appointment is his "obligation"

Wed, 04 Jan 2012 00:00:00 -0800

USA Today - By Aamer Madhani - Jan. 04 (News Report) - In a speech in Shaker Heights, Ohio, Obama made it official that he would install the former Ohio general as the head of the newly created Consumer Financial Protection Bureau through recess appointment and hammered Republicans for blocking Cordray's appointment.

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AT&T Withdraws T-Mobile Deal Application at FCC - Uses Thanksgiving Distraction to Minimize PR Hit

Thu, 24 Nov 2011 00:00:00 -0800

dslreports.com - Nov. 24 (Opinion) - Hoping that the tryptophan roar of the Thansgiving holiday would take the public relations sting out of the move, AT&T and Deutsche Telekom this morning announced that the company would be withrawding their application at the FCC to acquire T-Mobile. The

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BofA Retreats On Debit Fee, Citing Uproar

Tue, 01 Nov 2011 00:00:00 -0700

Wall Street Journal - By Dan Fitzpatrick, Robin Sidel - Nov. 01 (News Report) - Bank of America is dropping its plan to charge customers $5 a month for making purchases with their debit cards, a person familiar with the situation said. The move follows similar actions by rivals Wells Fargo and J.P. Morgan.

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Federal government to review rate increases in 10 states

Thu, 07 Jul 2011 00:00:00 -0700

The Hill - By Julian Pecquet - Jul. 07 (News) - Federal regulators will review health insurance rate increases in 10 states under authority granted by the healthcare reform law, according to the Medicare agency's Center for Consumer Information and Insurance Oversight (CCIIO).

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The Supreme Court closes the door to justice

Wed, 06 Jul 2011 00:00:00 -0700

Los Angeles Times - By Erwin Chemerinsky - Jul. 06 (Opinion) - Has the Supreme Court lost faith in the American court system? That is a strange question to ask about the justices who sit at the top of the country's judicial hierarchy. But in case after case in the just-completed term, the court, usually in 5-4 decisions with the conservatives in the majority, denied access to the courts.

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Fuel Economy Standards Necessary But Not Sufficient to Cut Oil Demand

Fri, 24 Jun 2011 00:00:00 -0700

Scientific American - By Louis Nelson, ClimateWire - Jun. 24 (News Report) - Simply forcing the U.S. automotive industry to comply with tougher fuel economy standards won't be enough to create substantial cuts in either greenhouse gas emissions or oil use, says a new report from the National Research Council.

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Nearly 600 Arrested in Asian Swindling Ring

Sat, 11 Jun 2011 00:00:00 -0700

New York Times - By Michael Wines - Jun. 11 (Breaking News) - The sweep was reported to have shut down 161 boiler-room operations in Taiwan, China, Indonesia, Cambodia, Malaysia and Thailand, each employing sophisticated frauds.

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The checkered past of Groupon's chairman

Fri, 10 Jun 2011 00:00:00 -0700

Fortune - By Kevin Kelleher - Jun. 10 (News) - Groupon's IPO has brought an uncomfortable spotlight onto Lefkofsky. While some attention focuses on his ambitions as an investor in tech startups, others see a "spotty history" and draw parallels between the past and the present. Lefkofsky's track record, reflecting failures and successes, bears certain hallmarks: rapid revenue growth accompanied by big losses, a penchant to sell stock early on, and lawsuits filed by investors, lenders or customers who feel they have been wronged.

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The Warren Court

Tue, 07 Jun 2011 00:00:00 -0700

The New Yorker - By James Surowiecki - Jun. 07 (News Analysis) - Given the intensely partisan nature of Washington these days, the demonization of Warren and the CFPB is all too predictable. But it's profoundly misguided, because Warren is far from the anti-capitalist radical that her critics (and some of her supporters) suppose. Indeed, an empowered CFPB could actually be a boon to business.' James Surowiecki, The New Yorker

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