A recent profile of Barbara Desoer, the president of Bank of America’s home loan unit, describes her as “Besieged.” But here’s who’s really beseiged: All those homeowners who are getting a raw deal from the banks.
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The trustee in charge of the bankruptcy of Bernie Madoff’s investment firm spent $26.9 million in the six months ended Sept. 30. In that time, it has recovered $849,000 for the victims of Madoff’s Ponzi scheme.
The single largest expense for the period was $15.8 million in legal fees to trustee Irving Picard’s law firm, Baker Hostetler, Bloomberg News reported.
Of the funds…
Continue reading Madoff Trustee Spent $26.9 Million, Recovered $849,000
Madoff Trustee Spent $26.9 Million, Recovered $849,000 originally appeared on DailyFinance on Mon, 01 Nov 2010 08:16:00.
Facebook said that a data broker has been buying information on users from application developers.
Certain Facebook apps were sending users’ Facebook ID numbers to third-party marketing or data firms, violating the site’s privacy policies, The Wall Street Journal said. Companies can use an ID number to look up a user’s name and other information.
Facebook said it has put some…
Continue reading Facebook Says Data Broker Was Buying User Info
Facebook Says Data Broker Was Buying User Info originally appeared on DailyFinance on Mon, 01 Nov 2010 07:13:00.
Filed Under: Company News, Technology, People, Media, Facebook
Thousands of office workers are taking out their own trash, as employers seek to save money and boost recycling efforts.
In Texas, 20,000 state workers now haul their own garbage and recyclables to common receptacles, The Wall Street Journal reported…
Search slogans perfectly captured the mood of the day at the Comedy Central hosts’ Washington rally. The audience echoed the call for moderation, carrying signs that declared the need for more courtesy in the national debate.
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