Featured StoryWhat may be good news for delinquent credit card holders may also be really bad news for banks.
It turns out the "robo-signing" of foreclosure affidavits is just the tip of the iceberg.
In what one judge called "robo-testimony," falsely attested-to statements by bank document custodians have been submitted in courts around the country by banks trying to win judgments against delinquent credit card debtors.
Apparently, tens of millions of credit cards issued by banks have not been accompanied by...
Federal Trade Commission
FTC Sues Intel in Antitrust Action as EU Settles With Microsoft
The U.S. Federal Trade Commission sued Intel Corp. (Nasdaq: INTC) yesterday (Wednesday) accusing the world's leading computer chipmaker of illegally using pricing deals and other tactics "to stifle competition and strengthen its monopoly."
The complaint says Intel tried to block "superior" products by rivals and deprived consumers of choice and innovation for 10 years.