JPMorgan Chase Sued For $95 Million Over Allegedly Misrepresenting Mortgage Loans Reuters ...It is one of many lawsuits seeking to hold banks responsible for investor losses over mortgages that may have been toxic, defective or improperly underwritten...
Hungary’s New Constitution Sparks Protest by Opposition Bloomberg ...Hungarian opposition groups rallied against the country’s new constitution ... (which) the European Union and U.S. criticized for curbing democracy. It was the first time disparate groups, including two opposition parties, protested together...
New California Law Penalizes Employers for Willful Misclassification of Independent Contractors in 2012 Employment Screening Resources ...Effective January 1, 2012, a new California law – Senate Bill 459 (SB 459) – imposes stiff penalties that range between $5,000 to $25,000 for the “willful misclassification” of independent contractors by employers “avoiding employee status for an individual by voluntarily and knowingly misclassifying that individual as an independent contractor...”
The Peltzman Effect: Why Economic Growth Has Slowed in the US Over Time Angry Bear ...The land of opportunity, we will find in the long run, is the one with a safety net...
When will media demand that Mitt Romney back up his claims about jobs? Washington Post ...only two lonely fact checking operations — one at the Post, the other at FactCheck.org — have scrutinized (Romney's claim that he created 100,000 jobs). They have found that the assertion is at best unsubstantiated and that there may have been more layoffs than jobs created by Bain; there’s no way to tell for sure...
Access to Indiana Statehouse will be restricted WNDU ...“It’s ridiculous, it’s unfair, there’s no sound reason for doing it,” said Robert Warnock III, President of Teamsters local 364...
Federal judge overturns both of last session’s new anti-union laws The Spokesman-Review ...A federal judge has invalidated both the new anti-union laws pushed through by Idaho GOP lawmakers last session, saying they violate federal law. The two measures, SB 1007 and 1006, both expansions of Idaho's Right-to-Work law, sought to ban “job targeting programs” and “project labor agreements”...
Citizens' referendum to repeal Emergency Manager law has enough signatures Eclectablog ...At a Detroit rally yesterday to protest the imposition of an Emergency Manager on the city, Brandon Jessup of Michigan Forward announced that Michigan Forward has gathered over 170,000 petition signatures for their effort to put the repeal of Public Act 4, the Emergency Manager law, on the November 2012 ballot. Only 161,305 are needed...
