March 2010
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Financial Elder Abuse Rampant In Economic Downturn

Lawmakers slow to act against Wall Street [...]

White-Collar Defendants Pay For Predecessors’ Crimes

Sentencing guidelines pander to anti-Wall Street [...]

Morris Minor Street Rod Hot Rod Pickup Cab

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How Thieves Can Use Your GPS—and Cell Phone—to Rob You Blind

Modern electronic technologies such as GPS and cell phones are wonderfully convenient.  But they’re also irresistible targets for thieves. GPS devices are now the number one item being stolen from motor vehicles.  You might think that thieves might simply fence your GPS at a local pawnbroker.  That’s often the case, but a more sophisticated thief will do much more than [...]

‘Top Cop’ SEC Newly Aggressive in Attack on Wall Street Fraud

Wall Street's top cop has a lot to prove and it's been taking no prisoners. After enduring a thorough thrashing for its supervision of the now-defunct Bear Stearns and missing Bernard Madoff's [...]

Main Street America’s Great Lakes Launches Commercial Lines in Michigan

The Main Street America Group's Great Lakes Casualty Insurance Co. is now offering its commercial product line, featuring the company's Main Line Business Owners Policy product, to its Michigan [...]

New Mexico Governor Wants First-Time Drunk Drivers Jailed, Fined

New Mexico Gov. Bill Richardson wants to put first-time drunken driving offenders behind bars for three days and fine them $2,500. Richardson also said that measures to be introduced during [...]

Denver Fire Department Admits Filing False Insurance Reports

The Denver Fire Department has acknowledged submitting incorrect training records to an agency that helps set insurance prices but says the errors weren't deliberate. KMGH-TV in Denver [...]

AIG to Sell Hong Kong Consumer Finance, India IT Units

American International Group, seeking to raise cash to repay around $180 billion in bail-out loans, has agreed to sell its Hong Kong consumer finance and India-based IT services units. China [...]

AIG Selects Former MetLife CEO Benmosche as New CEO After Liddy

Troubled insurer American International Group Inc. has chosen former MetLife chief Robert Benmosche as its new CEO, The Wall Street Journal reported, citing people familiar with the matter. The [...]