July, 2010

Which banks benefited from the bailout?

The financial reform bill that is heading for Obama's desk is designed with Wall Street in mind. We do not want an additional recession and want to stop helping banks. So now we wonder who was really helped. Since the public funded it, they have a right to know who they funded. Bailout had a chunk ...

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India seeks elite status with new currency symbol for the rupee

The arcane subject of currency symbols became a hot topic Thursday when India announced that it will implement a unique symbol for the Indian Rupee in world financial markets. Until now, there has been no currency symbol for the Indian rupee, just the abbreviation Rs, Re, or INR. On June 24, the symbol, a hybrid ...

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Medicare NPI registry reveals confidential information

The NPI registry, or National Provider Identification registry, is a digital database of all Medicare providers. In a system that handles hundreds of millions of pieces of confidential details, though, you will find weaknesses. The newest NPI database discloses additional data that then opens the door for Medicare fraud. Registry of NPI The Medicare system is a ...

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Scammers use Apple App Store hack to steal money, boost rankings

Apple App Store users are battling an app farm infestation. The App Store is being hacked by Apple App scammers who hack private iTunes accounts to make purchases of bogus apps. The hacks steal money from iTunes accounts and boost the App Store rankings of these apps. App store cover blown by greedy scammers The App Store ...

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