The Best Way to Bounce Back from Bankruptcy!
More and more American families are being devastated by bankruptcy. Here are easy steps that anyone can follow to bounce back quickly! There is life after bankruptcy!
As delinquencies and foreclosures rise, millions of people are struggling daily to stay afloat. With no where to turn to, families everywhere are running out of options.
Bankruptcy may be the only decision for some.
Bankruptcy leaves both financial and emotional scars that few can understand without having witnessed it themselves. Still, it isnt the end of the road but rather a new beginning.
If youve just been through a bankruptcy, here are some easy steps that will help you get your life back quicker than you thought possible.
The most important thing to keep in mind is that you can not let the bankruptcy define who you are!
Stop beating yourself up! Its ok to vow that you will never go through anything like that again, but let it go. Realize that that was a specific period of your life and not who you are. The past is no reflection of your future. Its time for you to move on.
Second, this may be a good time for you to consider multiple streams of income.
You family is going to be more secure if you have income coming from several sources, even if your job is very stable. This is a great time to invest in you and learn a new skill! Why not start a website based on a hobby or a home-based business?
Of course, you also need to re-start your financial life! The first thing you will want to do is reestablish your bank accounts. This may not happen overnight. A credit union, if you have one available to you, may be a good option. Go in and establish a relationship. Explain what happened to you and find out what it is going to take to get an account. Then do it!
The next step will be to begin reestablishing your credit. This might seem illogical since it was too much credit that started the whole thing!
Sadly, you must use credit in order to improve your credit score. Having a low credit score or none at all is expensive.
Right after you have filed bankruptcy, you may think that it will be impossible to get new credit. Luckily, there are a couple of options.
The best option is to go to your bank or credit union and buy a certificate of deposit for a set amount, say $1,000. Then you will want to take out a secured loan against this CD. The bank is willing to give you the loan, because if you default they have the CD as collateral. They cant lose and you win by establishing a payment history on a bank loan!
Opening a secured credit card is another great way to reestablish credit quickly. This works very similarly to a CD loan. The creditor will require that you make some sort of deposit with them and then will issue you a credit line against this deposit.
You want to be an educated consumer when you look for a new credit card company. While your first instinct may be just to go with whoever will approve you, you should shop around and find the best card for you! Key features to look for include a low annual fee and no application fee! It is also great if you can find a card that will convert to unsecured after a specific number of on time payments.
Managing your newly reestablished credit properly is very important. You need to establish good payment habits as lenders will be much less forgiving of delinquency after your bankruptcy than they were before.
You need to monitor your credit report monthly.
Keep a close eye on all of the accounts that were included in your bankruptcy. Very often, lenders will continue to report these accounts as open and past due.
One of the most convenient things that you can do is to create a form letter to send out to any lender that was included in your bankruptcy that attempts to collect from you afterwards. You should include your personal information, the case number and your attorneys contact information. This makes it easy for you to respond and lowers the chance that something will fall through the cracks.
By following these steps, you can bounce back from bankruptcy in no time! In several years, you will even be able to own a home again!
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hahah santino screaming like a girl = priceless?
INTRODUCTION
Every year, the major business magazines put out their annual surveys of big business in America.
You have the Fortune 500, the Forbes 400, the Forbes Platinum 100, the International 800 — among others.
These lists rank big corporations by sales, assets, profits and market share. The point of these surveys is simple — to identify and glorify the biggest and most profitable corporations.
The point of the list contained in this report, The Top 100 Corporate Criminals of the Decade — is to focus public attention on a wave of corporate criminality that has swamped prosecutors offices around the country.
This is the dark underside of the marketplace that is given little sustained attention and analysis by politicians and news outlets.
To compile The Top 100 Corporate Criminals of the 1990s, we used the most narrow and conservative of definitions — corporations that have pled guilty or no contest to crimes and have been criminally fined.
The 100 corporate criminals fell into 14 categories of crime: Environmental (38), antitrust (20), fraud (13), campaign finance (7), food and drug (6), financial crimes (4), false statements (3), illegal exports (3), illegal boycott (1), worker death (1), bribery (1), obstruction of justice (1) public corruption (1), and tax evasion (1).
We did not try to assess and compare the damage committed by these corporate criminals or by other corporate wrongdoers.
There are millions of Americans who care about morality in the marketplace.
But few Americans realize that when they buy Exxon stock, or when they fill up at an Exxon gas station, they are in fact supporting a criminal recidivist corporation.
And few Americans realize that when the take a ride on a cruise ship owned by Royal Caribbean Cruise Lines, they are riding on a ship owned by a criminal recidivist corporation.
Six corporations that made the list of the Top 100 Corporate Criminals were criminal recidivist companies during the 1990s.
In addition to Exxon and Royal Caribbean, Rockwell International, Warner-Lambert, Teledyne, and United Technologies each pled guilty to more than one crime during the 1990s.
A few caveats about this report.
Caveat one: Big companies that are criminally prosecuted represent only the tip of a very large iceberg of corporate wrongdoing.
For every company convicted of health care fraud, there are hundreds of others who get away with ripping off Medicare and Medicaid, or face only mild slap-on-the-wrist fines and civil penalties when caught.
For every company convicted of polluting the nation's waterways, there are many others who are not prosecuted because their corporate defense lawyers are able to offer up a low-level employee to go to jail in exchange for a promise from prosecutors not to touch the company or high-level executives.
For every corporation convicted of bribery or of giving money directly to a public official in violation of federal law, there are thousands who give money legally through political action committees to candidates and political parties. They profit from a system that effectively has legalized bribery.
For every corporation convicted of selling illegal pesticides, there are hundreds more who are not prosecuted because their lobbyists have worked their way in Washington to ensure that dangerous pesticides remain legal.
For every corporation convicted of reckless homicide in the death of a worker, there are hundreds of others that don't even get investigated for reckless homicide when a worker is killed on the job. Only a few district attorneys across the country (Michael McCann, the DA in Milwaukee County, Wisconsin, being one) regularly investigate workplace deaths as homicides.
Caveat two: Corporations define the laws under which they live.
For example, the automobile industry over the past 30 years has worked its will on Congress to block legislation that would impose criminal sanctions on knowing and willful violations of the federal auto safety laws. Now, if an auto company is caught violating the law, and if the cops are not asleep at the wheel, only a civil fine is imposed.
Caveat three: Because of their immense political power, big corporations have the resources to defend themselves in courts of law and in the court of public opinion.
Few prosecutors are willing to subject themselves to the constant legal and public relations barrage that a corporation's well connected and high-priced legal talent can inflict.
It is a testament to the tenacity of a few dedicated federal prosecutors that Royal Caribbean Cruise Lines, for example, was criminally convicted of polluting the oceans.
In the criminal prosecution of Royal Caribbean Cruise Lines the company was facing a team of two federal criminal prosecutors.
To defend itself, Royal Caribbean hired Judson Starr and Jerry Block, both of whom have served as head of the Justice Department's Environmental Crimes Section, and former Attorney General Benjamin Civiletti.
Also representing Royal Caribbean were former federal prosecutors Kenneth C. Bass III, and Norman Moscowitz. Donald Carr of Winthrop & Stimson also joined the defense team.
Hired on as experts on international law issues were former Attorney General Eliot Richardson, University of Virginia law professor John Norton Moore, former State Department officials Terry Leitzell and Bernard Oxman, and four retired senior admirals.
As the case proceeded to trial, Royal Caribbean engaged in a massive public relations campaign, taking out ads during the Super Bowl, putting former Environmental Protection Agency (EPA) Administrators on its board of directors, and donating thousands of dollars to environmental groups.
Federal prosecutors overcame this legal and public relations barrage and convicted the company. But that was an unusual prosecution and unusually determined prosecutors.
THE TOP 100 CORPORATE CRIMINALS OF THE 1990's
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While the 1990s was a decade of booming markets and booming profits, it was also a decade of rampant corporate criminality.
There is an emerging consensus among corporate criminologists.
And that emerging consensus is this: corporate crime and violence inflicts far more damage on society than all street crime combined.
The FBI estimates, for example, that burglary and robbery — street crimes — costs the nation $3.8 billion a year.
Compare this to the hundreds of billions of dollars stolen from Americans as a result of corporate and white-collar fraud.
Health care fraud alone costs Americans $100 billion to $400 billion a year.
The savings and loan fraud — which former Attorney General Dick Thornburgh called "the biggest white collar swindle in history" — cost us anywhere from $300 billion to $500 billion.
And then you have your lesser frauds: auto repair fraud, $40 billion a year, securities fraud, $15 billion a year — and on down the list.
Recite this list of corporate frauds and people will immediately say to you: but you can't compare street crime and corporate crime — corporate crime is not violent crime.
Unfortunately, corporate crime is often violent crime.
The FBI estimates that, 19,000 Americans are murdered every year.
Compare this to the 56,000 Americans who die every year on the job or from occupational diseases such as black lung and asbestosis and the tens of thousands of other Americans who fall victim to the silent violence of pollution, contaminated foods, hazardous consumer products, and hospital malpractice.
These deaths are often the result of criminal recklessness. They are sometimes prosecuted as homicides or as criminal violations of federal laws.
And environmental crimes often result in death, disease and injury.
In 1998, for example, a Tampa, Florida company and the company's plant manager were found guilty of violating a federal hazardous waste law. Those illegal acts resulted in the deaths of two nine-year-old boys who were playing in a dumpster at the company's facility.
This report is only a tiny step in an effort to fill a great void in corporate crime research.
The Justice Department has the information and should get the budget to begin putting out yearly reports on corporate crime.
Every year, the Justice Department puts out an annual report titled "Crime in the United States."
But by "Crime in the United States," the Justice Department means "street crime in the United States."
So, in "Crime in the United States" document you will read about burglary, robbery and theft. There is nothing in it about price-fixing, corporate fraud, pollution, or public corruption.
A yearly Justice Department report on Corporate Crime in the United States is long overdue.
THE TOP 100 CORPORATE CRIMINALS OF THE 1990's
1) F. Hoffmann-La Roche Ltd.
Type of Crime: Antitrust
Criminal Fine: $500 million
12 Corporate Crime Reporter 21(1), May 24, 1999
2) Daiwa Bank Ltd.
Type of Crime: Financial
Criminal Fine: $340 million
10 Corporate Crime Reporter 9(3), March 4, 1996
3) BASF Aktiengesellschaft
Type of Crime: Antitrust
Criminal Fine: $225 million
12 Corporate Crime Reporter 21(1), May 24, 1999
4) SGL Carbon Aktiengesellschaft (SGL AG)
Type of Crime: Antitrust
Criminal Fine: $135 million
12 Corporate Crime Reporter 19(4), May 10, 1999
5) Exxon Corporation and Exxon Shipping
Type of Crime: Environmental
Criminal Fine: $125 million
5 Corporate Crime Reporter 11(3), March 18, 1991
6) UCAR International, Inc.
Type of Crime: Antitrust
Criminal Fine: $110 million
12 Corporate Crime Reporter 15(6), April 13, 1998
7) Archer Daniels Midland
Type of Crime: Antitrust
Criminal Fine: $100 million
10 Corporate Crime Reporter 40(1), October 21, 1996
8)(tie) Banker's Trust
Type of Crime: Financial
Criminal Fine: $60 million
12 Corporate Crime Reporter 11(1), March 15, 1999
8)(tie) Sears Bankruptcy Recovery Management Services
Type of Crime: Fraud
Criminal Fine: $60 million
13 Corporate Crime Reporter 7(1), February 15, 1999
10) Haarman & Reimer Corp.
Type of Crime: Antitrust
Criminal fine: $50 million
11 Corporate Crime Reporter 5(4), February 3, 1997
11) Louisiana-Pacific Corporation
Type of Crime: Environmental
Criminal Fine: $37 million
12 Corporate Crime Reporter 23(1), June 8, 1998
12) Hoechst AG
Type of Crime: Antitrust
Criminal Fine: $36 million
12 Corporate Crime Reporter 19(6), May 10, 1999
13) Damon Clinical Laboratories, Inc.
Type of Crime: Fraud
Criminal Fine: $35.2 million
10 Corporate Crime Reporter 39(6), October 14, 1996
14) C.R. Bard Inc.
Type of Crime: Food and drug
Criminal Fine: $30.9 million
7 Corporate Crime Reporter 41(1), October 25, 1993
15) Genentech Inc.
Type of Crime: Food and drug
Criminal Fine: $30 million
12 Corporate Crime Reporter 16(3), April 19, 1999
16) Nippon Gohsei
Type of Crime: Antitrust
Criminal Fine: $21 million
12 Corporate Crime Reporter 29(3), July 19, 1999
17)(tie) Pfizer Inc.
Type of Crime: Antitrust
Criminal Fine: $20 million
12 Corporate Crime Reporter 30(1), July 26, 1999
17)(tie) Summitville Consolidated Mining Co. Inc.
Type of Crime: Environmental
Criminal Fine: $20 million
10 Corporate Crime Reporter 20(3) May 20, 1996
19)(tie) Lucas Western Inc.
Type of Crime: False Statements
Criminal Fine: $18.5 million
9 Corporate Crime Reporter 4(6), January 30, 1995
19)(tie) Rockwell International Corporation
Type of Crime: Environmental
Criminal Fine: $18.5 million
6 Corporate Crime Reporter 13(4), March 30, 1992
21) Royal Caribbean Cruises Ltd.
Type of Crime: Environmental
Criminal Fine: $18 million
12 Corporate Crime Reporter 30(4), July 26, 1999
22) Teledyne Industries Inc.
Type of Crime: Fraud
Criminal Fine: $17.5 million
6 Corporate Crime Reporter 39(9), October 12, 1992
23) Northrop
Type of Crime: False statements
Criminal Fine: $17 million
4 Corporate Crime Reporter 9(1), March 5, 1990
24) Litton Applied Technology Division (ATD) and Litton Systems Canada (LSL)
Type of Crime: Fraud
Criminal Fine: $16.5 million
12 Corporate Crime Reporter 27(1), July 5, 1999
25) Iroquois Pipeline Operating Company
Type of Crime: Environmental
Criminal Fine: $15 million
10 Corporate Crime Reporter 22(1), June 3, 1996
26) Eastman Chemical Company
Type of Crime: Antitrust
Criminal Fine: $11 million
12 Corporate Crime Reporter 38(5), October 5, 1998
27) Copley Pharmaceutical, Inc.
Type of Crime: Food and drug
Criminal Fine: $10.65 million
11 Corporate Crime Reporter 22(1), June 2, 1997
28) Lonza AG
Type of Crime: Antitrust
Criminal Fine: $10.5 million
12 Corporate Crime Reporter 10(1), March 8, 1999
29) Kimberly Home Health Care Inc.
Type of Crime: Fraud
Criminal Fine: $10.08 million
12 Corporate Crime Reporter 30(6), July 26, 1999
30)(tie) Ajinomoto Co. Inc.
Type of Crime: Antitrust
Criminal Fine: $10 million
10 Corporate Crime Reporter 40(1), October 21, 1996
30)(tie) Bank of Credit and Commerce International (BCCI)
Type of Crime: Financial
Criminal Fine: $10 million
4 Corporate Crime Reporter 3(1) January 22, 1990
30)(tie) Kyowa Hakko Kogyo Co. Ltd.
Type of Crime: Antitrust
Criminal Fine: $10 million
10 Corporate Crime Reporter 40(1), October 21, 1996
30)(tie) Warner-Lambert Company
Type of Crime: Food and drug
Criminal Fine: $10 million
9 Corporate Crime Reporter 46(1), December 4, 1995
Website – http://corporatescandals.cjb.net/
3 Tips For Quick Credit Repair: Quick credit repair is what you need when your credit score is low. If we want a…
Really if you drop the cash out of it all and go freeman of the land
Debtors in New York state (and in the United States generally, since most states have similar exemptions) don't realize how lucky they are to have exemptions for home equity.
In Canada, exemptions will vary according to province, but are far less generous (generally under $10,000). The most populated province in Canada, being Ontario where I practice has no exemption at all. Therefore, if you file personal bankruptcy, you'd be required to pay all of the equity in the home (less a reasonable allowance for estimated selling costs) in order to keep it.
Well, here I am with the 'ol "day late and a dollar short" excuse on congratulating you belatedly for being yesterday's 'BON'.
I am a new follower as I, too, am 'a reader, a writer and a redhead'.
There's so few of us in this secret society that we simply must stick together.
Okay, sorry 'bout that. That was my ego speaking out of turn. I apologize for it's ill manners.
I'm happy to meet a fellow reader, writer and redhead and am pleased to make your acquaintance and follow you wherever you go.
I'd like my collar and leash to be purple, bedazzled with fuschia rhinestones, if you please.
My heartfelt congratulations.
Peace and serenity,
~Jo
'The End Of The Rainbow: Life After Bankruptcy'
Sweetie I'm so happy you came to the party at all, I don't care when you got here! Thanks for visiting and I can see we're gonna be great bloggy friends. We redheads must stick together – I'll come visit you soon I promise. Hugs!
I honestly can't think of a single legitimate argument against cramdown. The arguments against some other forms of bankruptcy discharge are dumb, but at least they are coherent. Cramdown really is a no brainer.
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THE TOP 100 CORPORATE CRIMINALS OF THE 1990's
F. Hoffmann-La Roche Ltd.
Type of Crime: Antitrust
Criminal Fine: $500 million
Daiwa Bank Ltd.
Type of Crime: Financial
Criminal Fine: $340 million
BASF Aktiengesellschaft
Type of Crime: Antitrust
Criminal Fine: $225 million
SGL Carbon Aktiengesellschaft (SGL AG)
Type of Crime: Antitrust
Criminal Fine: $135 million
Exxon Corporation and Exxon Shipping
Type of Crime: Environmental
Criminal Fine: $125 million
UCAR International, Inc.
Type of Crime: Antitrust
Criminal Fine: $110 million
Archer Daniels Midland
Type of Crime: Antitrust
Criminal Fine: $100 million
Banker's Trust
Type of Crime: Financial
Criminal Fine: $60 million
Sears Bankruptcy Recovery Management Services
Type of Crime: Fraud
Criminal Fine: $60 million
Haarman & Reimer Corp.
Type of Crime: Antitrust
Criminal fine: $50 million
Louisiana-Pacific Corporation
Type of Crime: Environmental
Criminal Fine: $37 million
Hoechst AG
Type of Crime: Antitrust
Criminal Fine: $36 million
Damon Clinical Laboratories, Inc.
Type of Crime: Fraud
Criminal Fine: $35.2 million
C.R. Bard Inc.
Type of Crime: Food and drug
Criminal Fine: $30.9 million
Genentech Inc.
Type of Crime: Food and drug
Criminal Fine: $30 million
Nippon Gohsei
Type of Crime: Antitrust
Criminal Fine: $21 million
Pfizer Inc.
Type of Crime: Antitrust
Criminal Fine: $20 million
Summitville Consolidated Mining Co. Inc.
Type of Crime: Environmental
Criminal Fine: $20 million
Lucas Western Inc.
Type of Crime: False Statements
Criminal Fine: $18.5 million
Rockwell International Corporation
Type of Crime: Environmental
Criminal Fine: $18.5 million
Royal Caribbean Cruises Ltd.
Type of Crime: Environmental
Criminal Fine: $18 million
Teledyne Industries Inc.
Type of Crime: Fraud
Criminal Fine: $17.5 million
Northrop
Type of Crime: False statements
Criminal Fine: $17 million
Litton Applied Technology Division (ATD) and Litton Systems Canada (LSL)
Type of Crime: Fraud
Criminal Fine: $16.5 million
Iroquois Pipeline Operating Company
Type of Crime: Environmental
Criminal Fine: $15 million
Eastman Chemical Company
Type of Crime: Antitrust
Criminal Fine: $11 million
Copley Pharmaceutical, Inc.
Type of Crime: Food and drug
Criminal Fine: $10.65 million
Lonza AG
Type of Crime: Antitrust
Criminal Fine: $10.5 million
Kimberly Home Health Care Inc.
Type of Crime: Fraud
Criminal Fine: $10.08 million
Ajinomoto Co. Inc.
Type of Crime: Antitrust
Criminal Fine: $10 million
Bank of Credit and Commerce International (BCCI)
Type of Crime: Financial
Criminal Fine: $10 million
Kyowa Hakko Kogyo Co. Ltd.
Type of Crime: Antitrust
Criminal Fine: $10 million
Warner-Lambert Company
Type of Crime: Food and drug
Criminal Fine: $10 million
General Electric
Type of Crime: Fraud
Criminal Fine: $9.5 million
Royal Caribbean Cruises Ltd.
Type of Crime: Environmental
Criminal Fine: $9 million
Showa Denko Carbon
Type of Crime: Antitrust
Criminal Fine: $9 million
IBM East Europe/Asia Ltd.
Type of Crime: Illegal exports
Criminal Fine: $8.5 million
Empire Sanitary Landfill Inc.
Type of crime: Campaign finance
Criminal fine: $8 million
Colonial Pipeline Company
Type of Crime: Environmental
Criminal Fine: $7 million
Eklof Marine Corporation
Type of Crime: Environmental
Criminal Fine: $7 million
Chevron
Type of Crime: Environmental
Criminal Fine: $6.5 million
Rockwell International Corporation
Type of Crime: Environmental
Criminal Fine: $6.5 million
Tokai Carbon Ltd. Co.
Type of Crime: Antitrust
Criminal Fine: $6 million
Allied Clinical Laboratories, Inc.
Type of Crime: Fraud
Criminal Fine: $5 million
Northern Brands International Inc.
Type of Crime: Fraud
Criminal Fine: $5 million
Ortho Pharmaceutical Corporation
Type of Crime: Obstruction of justice
Criminal Fine: $5 million
Unisys
Type of Crime: Bribery
Criminal Fine: $5 million
Georgia Pacific Corporation
Type of Crime: Tax evasion
Criminal Fine: $5 million
Kanzaki Specialty Papers Inc.
Type of Crime: Antitrust
Criminal Fine: $4.5 million
ConAgra Inc.
Type of Crime: Fraud
Criminal Fine: $4.4 million
Ryland Mortgage Company
Type of Crime: Financial
Criminal Fine: $4.2 million
Blue Cross Blue Shield of Illinois
Type of Crime: Fraud
Criminal Fine: $4 million
Borden Inc.
Type of Crime: Antitrust
Criminal Fine: $4 million
Dexter Corporation
Type of Crime: Environmental
Criminal Fine: $4 million
Southland Corporation
Type of Crime: Antitrust
Criminal Fine: $4 million
Teledyne Industries Inc.
Type of Crime: Illegal exports
Criminal Fine: $4 million
Tyson Foods Inc.
Type of Crime: Public corruption
Criminal Fine: $4 million
Aluminum Company of America (ALCOA)
Type of Crime: Environmental
Criminal Fine: $3.75 million
Costain Coal Inc.
Type of Crime: Worker Death
Criminal Fine: $3.75 million
United States Sugar Corporation
Type of Crime: Environmental
Criminal Fine: $3.75 million
Saybolt, Inc., Saybolt North America
Type of Crime: Environmental
Criminal Fine: $3.4 million
Bristol-Myers Squibb
Type of Crime: Environmental
Criminal Fine: $3 million
6 Corporate Crime Reporter 18(3), May 4, 1992
Chemical Waste Management Inc.
Type of Crime: Environmental
Criminal Fine: $3 million
Ketchikan Pulp Company
Type of Crime: Environmental
Criminal Fine: $3 million
United Technologies Corporation
Type of Crime: Environmental
Criminal Fine: $3 million
Warner-Lambert Inc.
Type of Crime: Environmental
Criminal Fine: $3 million
Arizona Chemical Co. Inc.
Type of Crime: Environmental
Criminal Fine: $2.5 million
Consolidated Rail Corporation (Conrail)
Type of Crime: Environmental
Criminal Fine: $2.5 million
International Paper
Type of Crime: Environmental
Criminal Fine: $2.2 million
Consolidated Edison Company
Type of Crime: Environmental
Criminal Fine: $2 million
Crop Growers Corporation
Type of Crime: Campaign finance
Criminal fine: $2 million
E-Systems Inc.
Type of Crime: Fraud
Criminal Fine: $2 million
HAL Beheer BV
Type of Crime: Environmental
Criminal Fine: $2 million
John Morrell and Company
Type of Crime: Environmental
Criminal Fine: $2 million
United Technologies Corporation
Type of Crime: Fraud
Criminal Fine: $2 million
Mitsubishi Corporation, Mitsubishi International Corporation
Type of Crime: Antitrust
Criminal Fine: $1.8 million
Blue Shield of California
Type of Crime: Fraud
Criminal Fine: $1.5 million
Browning-Ferris Inc.
Type of Crime: Environmental
Criminal Fine: $1.5 million
Odwalla Inc.
Type of Crime: Food and drug
Criminal Fine: $1.5 million
Teledyne Inc.
Type of Crime: False statements
Criminal Fine: $1.5 million
Unocal Corporation
Type of Crime: Environmental
Criminal Fine: $1.5 million
Doyon Drilling Inc.
Type of Crime: Environmental
Criminal Fine: $1 million
Eastman Kodak
Type of Crime: Environmental
Criminal Fine: $1 million
Case Corporation
Type of Crime: Illegal exports
Criminal Fine: $1 million
Marathon Oil
Type of Crime: Environmental
Criminal Fine: $900,000
Hyundai Motor Company
Type of Crime: Campaign finance
Criminal Fine: $600,000
Baxter International Inc.
Type of Crime: Illegal Boycott
Criminal Fine: $500,000
Bethship-Sabine Yard
Type of Crime: Environmental
Criminal Fine: $500,000
Palm Beach Cruises
Type of Crime: Environmental
Criminal Fine: $500,000
Princess Cruises Inc.
Type of Crime: Environmental
Criminal Fine: $500,000
Cerestar Bioproducts BV
Type of Crime: Antitrust
Criminal Fine: $400,000
Sun-Land Products of California
Type of Crime: Campaign finance
Criminal Fine: $400,000
American Cyanamid
Type of Crime: Environmental
Criminal Fine: $250,000
Korean Air Lines
Type of Crime: Campaign finance
Criminal Fine: $250,000
Regency Cruises Inc.
Type of Crime: Environmental
Criminal Fine: $250,000
Adolph Coors Company
Type of Crime: Environmental
Criminal Fine: $200,000
Andrew and Williamson Sales Co.
Type of crime: Food and drug
Criminal fine: $200,000
Daewoo International (America) Corporation
Type of Fine: Campaign finance
Criminal Fine: $200,000
Exxon Corporation
Type of Crime: Environmental
Criminal Fine: $200,000
Samsung America Inc.
Type of Crime: Campaign finance
Criminal Fine: $150,000
reserve and contingency accounts used to hide expenses, manipulate accounts receivable, fraud, 'cookie-jar' reserves
Healthsouth slap on the wrist, in $2.7 Billion accounting scandal. All agreed to cooperate with the government case against Richard Scrushy. Emery Harris, who was facing up to 15 years in prison and hefty fines after pleading guilty to taking part in a scheme to falsely inflate HealthSouth earnings, will spend only five months behind bars, beginning in February. Former vice presidents Angela Ayers, 34, Cathy Edwards, 34, and Rebecca Kay Morgan, 56, and ex-assistant vice president Virginia Valentine, 33, all of whom pleaded guilty to taking part in the conspiracy, were spared jail time.
Milberg Weiss Bershad Hynes & Lerach, leading mutual funds class action law firm.
windowsupdate
Website – http://www.newsfollowup.com/corpfraud_gen2.htm
Well at least he actally responded. I wonder if it was really him or someone that responds to those? e-mails for him. His response sounded very generic.
This came from my banker and she has advised me that there is a grant fund for helping people with downpayment assistance but this won't be available apparently until March, 2011. Can you tell me what this all means? Below is a reply from my banker which I am quoting from an email she sent to me:
"It would certainly be worth looking into since mortgage rates are still very good. There is also a grant assistance program that will start in March that gives up to 6000.00 to people who qualify for down payment assistance. We do not do va loans but I could sure take a look at a conventional loan. If you look at property just outside the springfield ccity limits you could qualify for rural development which has a very low downpayment, or if you look in Springfield we could go FHA which also has a very low down payment."
Can you elaborate further about this grant that may be available? We had a bankruptcy discharge back in March 2005 and am wondering how this will affect us as well. I have worked and pay all my bills in a timely manner, however, my husband doesn't have the best credit rating. What would you suggest for us? We pay just shy of $900/month in rent and I am just plain sick and tired of throwing money out in these amounts; would rather put it towards a mortgage.
What would you suggest?
My personal banker also suggests the following:
"All I need to get started is your permission to pull credit and verification of your income. I would be happy to get the process started to prequalify you to see if it is possible. The bankruptcy wont hurt you." I recently paid off a 4 year car loan in December, 2010 which I had to have a cosigner. I would like to know if a cosigner is going to be a mitigating qualifier for us to secure a home mortgage loan.
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Many American families are just 1 natural disaster from financial panic get financial freedom 24 months.
like this RT QUOTE OF DAY.."Nobody can go back and start a new beginning, but anyone can start today and make a new ending"..
Sweetie I'm so happy you came to the party at all, I don't care when you got here! Thanks for visiting and I can see we're gonna be great bloggy friends. We redheads must stick together – I'll come visit you soon I promise. Hugs!]]>
Equity Credit Line site/ blog. It pretty much covers equity credit line related stuff.
Come and check it out if you get time
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"We learned a lot of things and one of them was to get a secured credit card, and he had a company that would GIVE us a secured credit card."it sounds like he is just 'helping' people so they will get this secured credit card from him. I could be wrong, and sorry for stepping in where it may not be welcome, but that just really caught my eye.in general, credit cards are just bad news. you can still have credit and have a credit record, anytime you make a payment on something, like house payment, school payment, even in cash. did you check the BBB for this guy?just be careful, please.]]>