Andrew Cuomo – News Stories About Andrew Cuomo - Page 18

Dec 21, 2007 4:06 AM CST

SEC Probes WaMu Home Loans

Investigators focus on charges that appraisals were inflated

(Newser) - Washington Mutual, one of America's largest mortgage lenders and the biggest savings and loan in the nation, is under investigation by the Securities and Exchange Commission, reports the Wall Street Journal. Regulators suspect some WaMu mortgages were based on inflated appraisals. WaMu, bloodied by the subprime mortgage crisis, lost $348...

Washington Takes Aim at Credit Cards

Dec 1, 2007 7:44 PM CST

Washington Takes Aim at Credit Cards

Lawmakers vow to tackle rate hikes, reform arcane fee system

(Newser) - Dem lawmakers vow to finally rein in credit card companies after years of consumer complaints, the Washington Post reports. They want lenders to scrap random rate hikes and inscrutable fees, and plan to tackle it in a hearing next week; one rep has already drawn up legislation. But industry lobbyists...

Facebook Getting Safer

Oct 17, 2007 2:33 PM CDT

Facebook Getting Safer

Networking site will work closely with New York attorney general's office

(Newser) - Facebook will roll out new protections against online predators, CNN reports, after an investigation by New York's attorney general last month blasted the site for "significant defects." The improvements include a new disclosure for parents and an easier process for reporting unwanted advances. Facebook will also appoint (and...

NY Targets Facebook Predators

Sep 25, 2007 3:49 AM CDT

NY Targets Facebook Predators

Cuomo probe uncovers sex solicitation and poor response from company

(Newser) - The online social networking site Facebook is becoming a hangout for sexual predators hunting young victims, according to an undercover investigation by New York Attorney General Andrew Cuomo. Investigators pretending to be teenagers on Facebook were repeatedly solicited by adult sexual predators, reports Computerworld. But when complaints were filed with...

NCAA Records Sought in
Payola Probe

Aug 3, 2007 5:23 AM CDT

NCAA Records Sought in Payola Probe

Student loan referrals may have netted sports program payoffs

(Newser) - New York's attorney general has demanded records of 40 NCAA athletic departments from Georgetown and UCLA to discover if students were illegally steered to a particular college loan provider for kickbacks. Several of the Division I schools have links on their websites to a company that officials suspect is offering...