Top Worst Drivers List

According to a recent study, 44 percent of attorneys and judges — more than any other profession — claimed to have been in a prior driving accident when comparison-shopping for auto insurance. Insurance.com analyzed the accidents people claimed and the professions they listed when applying for car insurance online. They published their findings along with […]

Fraud-Alert Service Pays $12 Million Settlement

Lifelock, the company that brazenly broadcast its chief executive’s Social Security number as part of its claim that it could protect anyone against identity theft, agreed on Tuesday to pay $12 million to settle charges that it misled consumers about the effectiveness of its service. The settlement, announced by the Federal Trade Commission and a […]

Things Your Mechanic Won’t Tell You

1. “You might be in the wrong garage.” There are many choices as to where consumers can take their car when it’s in need of maintenance or repair. Those include going to the car dealer, a department or chain-store franchise, or an independent mechanic at a service station. Where you should go depends on what […]

10 Home Buyer Mistakes to Avoid

It was supposed to be a momentous occasion for Brian, who was about to close on his first home. But after signing a thick stack of documents–and taking part in the ceremonious passing of the keys–something felt off for the then 26-year-old Montgomery County, Md., resident. There wasn’t even a chilled bottle of bubbly or […]

10 Biggest Bankruptcies In U.S. History

Lehman Brothers Assets upon filing: $691 billion Date of filing: Sept. 15, 2008 Description: Investment bank What happened next: Within days of its filing, Lehman’s North American business was taken over by UK bank Barclays; Japan’s Nomura Holdings snagged its international operations. Washington Mutual Assets upon filing: $328 billion Date of filing: Sept. 26, 2008 […]

Cash For Keys

Jon Daurio, chief executive officer of mortgage investor Kondaur Capital Corp., recently offered a $4,000 check to Barry Culver for the deed to his Bryan, Ohio house. With the exchange, and a pay-off to a second-lien holder, Culver was freed of $120,000 in crushing mortgage debt on the house, said Daurio, who had bought the […]

The World’s Most Powerful People

The 67 heads of state, criminals, financiers and philanthropists who really run the world. “I love power. But it is as an artist that I love it. I love it as a musician loves his violin, to draw out its sounds and chords and harmonies.” — Napoleon Bonaparte Power has been called many things. The […]

10 Big Commercial Real Estate Busts

As acute as the pain has been in the U.S. housing market, commercial real estate has been no stranger to trouble. Here is a glimpse of some high-profile victims that have been claimed so far. 1. Stuyvesant Town & Peter Cooper Village Loan balance: $3 billion Size: N/A Location: New York, N.Y. It was the […]

World’s Billionaires 2010

Carlos Slim Helu takes No. 1 spot on Forbes World’s Billionaires list as a record 164 10-figure titans return to the ranking amid the global economic recovery. For the third time in three years, the world has a new richest man. Riding surging prices of his various telecom holdings, including giant mobile outfit America Movil […]