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Five scams on the rise
Tough economic times make fertile breeding ground for scammers and this recession is no different. I was at the Consumer Federation of America conference in Washington, DC last week, where several state consumer protection regulators spoke about the sharp increase in financial and consumer ...
Watch Out for Stimulus Scams
kiplinger.com — I've been seeing lots of ads suggesting that the government will be sending people big checks, usually of more than $12,000, as part of the stimulus plan. Is the Treasury Department really going to send checks of this size? Nope. Scam artists miss no ... (more) Watch Out for Stimulus Scams
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Wednesday morning links
The Mess That Greenspan Made — ... - O.C. Register FED/TREASURY/BANKING • Fed Debates Injecting Credit Into Economy - Bloomberg • Fed scopes out options with key rate near zero - AP • Fed Debates Buying Government Debt - Bloomberg • Citigroup's top economist tapped for Treasury post - AP INTERESTING • Educators banking on penny drive - Miami Herals • Ghosts of a Gilded Age Haunt 19th-Century Chinese Banking Hub - NY Times • Five scams on the rise - CNN/Money ...

Stimulus Grant Scams
Business Opportunities WeblogCNNMoney: Tough economic times make fertile breeding ground for scammers and this recession is no different. Since the $787 billion stimulus bill became law in February, dozens of websites have popped up offering advice for a fee on how to get government grants on everything from small business initiatives to paying off student loan debt. The BBB has received hundreds of complaints about sites like federalgrantsolutions.com, which billed consumers $70 a month on their credit cards for info they thought was free. ...

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krugman.blogs.nytimes.com 4/7/2009 — Jeff Sachs comes down hard on the Geithner plan, and his worries need to be taken seriously. I was starting to come to the conclusion that the plan would simply fizzle - that even though participating players would get a large put along with their ...
Why We Keep Falling for Financial Scams
online.wsj.com 1/3/2009 — [anatomy of gullibility] Illustration by Mick Coulas
5 Retarded Get-Rich Quick Scams (People Still Fall For)
cracked.com 10/6/2008 — Want to get rich, but don't have the time or energy to start a business? Or get a job at one? Don't worry! In the era of the internet, any old dumbass can log on and make piles of cash with no effort or skill! That or all of the following programs are ...
Guest Column: The Rise and Rise of the NYAG
securitiesdocket.com 3/23/2009 — Douglas S. Kantor and Philip S. Khinda are partners with the law firm of Steptoe & Johnson LLP . Douglas S. Kantor Since the investment analyst conflict-of-interest cases and the mutual fund market timing scandals, federal law enforcement officials have been faulted for their lack ...
Foreclosures Rise 28%
ritholtz.com 12/13/2008 — > RealtyTrac released its November foreclosure numbers, and they were not pretty. • November Foreclosure activity decreased 7% from October (the lowest level since June) • Foreclosures up 28% from year ago levels; • Foreclosure ...