Theft Insurance

www.premieres.com goldring.wetpaint.com George Knapp was joined by filmmaker and veteran journalist Danny Schechter, who discussed the fraud perpetrated on the nation by Wall Street and the factors which played a role in the current financial crisis. While the media has portrayed the meltdown as the result of a series of blunders by the banking industry, Schechter said that it was really a calculated effort to take advantage of a flawed system. Calling it “the greatest theft in history,” he observed that “you have a situation where a small group of people enriched themselves in ways that were never thought possible.” Schechter explained that the economic crisis is really the result of the financial, insurance, and real estate industries “working in cahoots with each other and becoming kind of a cabal.” This nefarious coalition was made possible, he said, by financial deregulations which were fueled by lobbyists and campaign contributions working at the behest of these industries. To that end, Schechter said, there is misplaced blame in the minds of many Americans, who see the government at fault for the financial crisis. However, he claimed that the power of the government has essentially been usurped by these financial institutions which he dubbed the “debt and finance complex,” akin to the infamous military-industrial complex. Beyond the financial sector, he noted a number of elements which also contributed to the maelstrom that has unfolded in the last few years. He …

3 insurance brokers plead not guilty to bilking Perth Amboy of more than $200,000
MIDDLESEX COUNTY — Three Maryland insurance brokers pleaded not guilty this morning to charges that they bilked Perth Amboy out of more than $200,000 in connection with a medically-based fitness and wellness program for city employees that never existed.

Published Jul 22, 2010.
Read more: MyCentralJersey.com