Archive
Federal Probe of Chinese Drywall Falls Short
For thousands of U.S. homeowners who are grappling with the trauma caused by defective Chinese drywall, one thing is now clear: The federal government is woefully unequipped to help them with a product defect as expensive and widespread as this one.
Gulf Spill Paymaster Acknowledges Transparency Problems and Outlines Fixes
Kenneth Feinberg said he recognized shortcomings in communicating with claimants and promised to give them more information going forward.
False Attorney Signatures Cast New Doubts on Foreclosures
False attorney signatures on foreclosure documents could place thousands of court cases in doubt.
For-Profit Colleges Rake in Millions From Post-9/11 G.I. Bill
The University of Phoenix Online tops the list of schools receiving money from the Post 9-/11 G.I. Bill in its first year. Overall, for-profit colleges collected $640 million from the bill. Public colleges and universities received $697 million but the money went to more than twice as many students.
In Minnesota, Drug Company Reports of Payments to Doctors Arrive Riddled With Mistakes
A new federal plan will require drug and medical device companies to report all payments to U.S. physicians in 2013. The danger? As Minnesota discovered, some information submitted may not be accurate.
Some Appointees to Oil and Gas Commission Are Industry Execs, Lobbyists
Industry executives and lobbyists hold positions on an interstate oil and gas commission that espouses the safety of hydraulic fracturing.
New House Chairmen to Scrutinize Fed, Roll Back FinReg, Call on EPA to ‘Stand Down’
Come January, new GOP leaders will chair important House committees. Some have promised to repeal "job killing provisions," questioned the "activist Fed," and expressed skepticism about the causes of climate change.
New Study Shows Higher Mortality Risk at For-Profit Dialysis Chains
A new study shows that patients treated at dialysis clinics run by the largest U.S. for-profit chains have a higher risk of death than patients treated by the biggest nonprofit chain.
Cheat Sheet: Where the Fed’s Trillions Went
Since the Fed released data on more than 20,000 loan transactions it made during the financial crisis, many divergent stories have come out about what the data shows. Here’s our rundown.
Where Are the Financial Crisis Prosecutions?
You may have noticed that prosecutors in this country are in something of a white-collar slump lately.
EPA Says Gas Drilling in Texas Contaminated Water and Presents ‘Threat of Explosion’
The agency issued an emergency order this week giving a Texas drilling company 48 hours to provide drinking water to affected residents.
Major Foreclosure Contractor Underplayed the Extent of Document Flaws
A report by Reuters sheds light into the convoluted system set up by Lender Processing Services, a mortgage and foreclosure contractor that processes about half of all U.S. mortgage loans.