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Credit cards offer pricey — and unnecessary — extra products
Open a credit card account and you might walk away with more than just plastic. Banks and their vendors heavily hawk card-related services, such as credit monitoring, that can add up to hundreds of dollars of year in fees. But often consumers don't...Tags: American Express Company, Equifax Incorporated, Theft, Consumers, Bank of America Corp.
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Congressional staffers fight banks, City Hall over foreclosures
Inside a small cubicle in Timonium, Jessica Gatton Facini is saving homes. The 26-year-old sorts through foreclosure and lien documents from Baltimore homeowners, identifies a problem and then navigates the bureaucracy of big banks and government...
Tags: Mortgages, Douglas F. Gansler, U.S. Congress, Housing and Urban Planning, Foreclosures
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City schools' credit card statements offer a glimpse into the "cost of doing business"
In the last year, as Baltimore city schools' budgetary decisions -- $14 million in overtime, generous leave payouts, a renovated IT Department -- have faced heightened scrutiny, officials have defended much of their spending as "the cost of doing...Tags: Andres Alonso, Bank of America Corp., Credit and Debt, Event Planning, Maryland Public Information Act
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Who is Mitt Romney?
Reality isn't supposed to intrude on a major political party's national convention, so after weathering the bluster of a Missouri Senate candidate last week, Republicans are understandably frustrated by the presence of yet another storm, this one the...
Tags: White House, Paul Ryan, Same-Sex Marriage, Hurricane Isaac (2012), Barack Obama
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Md. child support collections on the rise after audit
Curious billboards have popped up around Baltimore recently: "Hiring again? Share the good news." The nine billboards — posted in prominent locations such as the intersection of Falls Road and West Cold Spring Lane— do not give any clues as...
Tags: Labor Legislation, Advertising, Business, Employment Opportunities, Annapolis
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Is your financial aid being eaten up by debit-card fees?
Students across the country are headed back to college, and millions of them will get financial aid disbursed on a debit card. The cards are convenient and save money for the schools. But these debit cards can be expensive for students, who could see...Tags: Teaching and Learning, University of Maryland, College Park, Financial Aid, Consumers, Companies and Corporations
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Baltimore city is among many suing big banks over allegations of rate-rigging
You're likely part of the largest financial scandal in the world today if you have an adjustable-rate mortgage or a private student loan.
Or live in Baltimore.
The city is suing more than a dozen major banks, claiming the institutions conspired to...Tags: Mortgages, Deutsche Bank AG, George Nilson, Bank of America Corp., Citigroup Incorporated
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With Libor suit, Baltimore reinforces role as banking watchdog
Two huge civil cases led by Baltimore — one that ended last week as the other gained momentum — spotlight City Hall's emerging role as an aggressive watchdog against the misdeeds of multinational banks. On Thursday, Wells Fargo settled a...
Tags: U.S. House Committee on Financial Services, Local Government, Judges, Bank of America Corp., Finance
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Man sentenced for stealing $1.4 million from Baltimore Housing Authority
A 50-year-old Washington man was sentenced to more than three years in prison Wednesday for his role in a 2010 bank fraud scheme that led to almost $1.4 million being siphoned from a Baltimore Housing Authority account, prosecutors said. Keith Eugene...Tags: Prisons, Housing and Urban Planning, Section 8 (housing), Interior Policy, Theft
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Obama is wrong: Government a hindrance to small business
President Barack Obama said over the weekend at a Virginia campaign speech that private businesses are successful largely because of the government's support. This statement is absolutely ridiculous. It's pretty clear that President Obama has never...Tags: Patient Protection and Affordable Care Act, Startups, Business, Barack Obama, Government
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Sinclair will buy six TV stations for $412.5 million
Sinclair Broadcast Group Inc. announced an agreement Thursday to buy six television stations from Kansas City, Mo.-based Newport Television for $412.5 million.
The Hunt Valley-based broadcaster has been on an acquisition binge in the past year,...Tags: Sinclair Broadcast Group Inc., Hunt Valley, Harrisburg (Dauphin, Pennsylvania), Media Industry, Television Stations
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Couple found with credit card skimmer, bogus credit cards in Aberdeen
More than 30 fraudulent credit cards and a credit card skimmer were recovered by police Tuesday from a New York couple who allegedly tried to use the fake cards at Wawa. The two have already been released on $15,000 bail. Skimming devices are used to...Tags: Aberdeen, Bel Air (Harford, Maryland), Theft, Police Investigations, Bank of America Corp.
Sep 4, 2012
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Jul 19, 2012
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