AP – With fewer than 500 applications and only two-dozen homeowners helped so far, lawmakers want to revamp a new program that was intended to help hundreds of thousands of borrowers avoid losing their homes.
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Congress considers changes to mortgage aid program
(AP)
February 4th, 2009 · No Comments
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Non-payers can hurt small businesses at tax time
(AP)
February 4th, 2009 · No Comments
AP – It’s a bit of insult added to injury small business owners who had non-paying customers in 2008 are likely to find they can’t take the bad debts as deductions on their income tax returns.Read More… [Source: Yahoo! News: Business]
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Whistleblower says Madoff had help, blasts SEC
(Reuters)
February 4th, 2009 · No Comments
Reuters – Harry Markopolos, a former investment manager who warned U.S. regulators about Bernard Madoff, criticized the Securities and Exchange Commission and said on Wednesday that Madoff had help in running his alleged $50 billion fraud.
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Supercomputers for hire
February 4th, 2009 · No Comments
For years, the computers at TC3 Health were perfectly happy. The company, based in Costa Mesa, Calif., helps health insurance providers avoid overpayments by flagging billing errors, duplicate payments and identity fraud. Its custom-built software, dubbed TC3 Funnel, running on the company’s four servers, could swiftly sift through thousands of health-care claims every day.Read More… [...]
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