Business



No Image

Blumenthal’s BBB Investigation: Made For TV

If Connecticut Attorney General Richard Blumenthal’s investigation into the controversial Better Business Bureau’s grading system is an indication as to how effectively his office probes critical consumer issues, the next Attorney General will have to…


No Image

Bank Of America’s Christmas present: Foreclose Even Though Not A Payment Missed

In one of the more bizarre foreclosure cases, Bank of America is threatening to throw a West Hartford family out of their home even though they couple never missed a mortgage payment.

The largest bank in the United States earlier this month notified Shock Baitch and his wife Lisa Freedman that foreclosure action will start today – Christmas eve – unless the couple agrees to put their home up for a forced sale.

Why?

Because another unit of Bank of America erroneously reported to credit agencies that the family was seeking a loan modification, ruining their credit rating and as the result putting their mortgage into default.

All this is happening even though the bank – after admitting it erred and sent a letter of apology in September – handed this case to a special unit at Bank of America that is charged with dealing with severe customer issues. It promised in writing to notify the credit reporting agencies that the couple were not deadbeats, but were good credit risks “I have never seen a case like this,” said Manchester attorney Wendell Davis, whose office handles many foreclosures.








No Image

Be Smart About Giving To Charities

In this season of giving, many people are making contributions to groups and causes that promise to make a positive difference in the world. As you consider a holiday donation or year-end tax-deductible contribution, the…



No Image

Steps Better Business Bureau Must Take To Regain Credibility

With the recent media attention on the Better Business Bureau’s two-year-old Pay To Play marketing scheme, the 99-year-old nonprofit will either self-destruct or become a great institution for consumers AND businesses.

Ever since early last month when ABC’s 20/20 aired its outstanding investigation into the BBB – which not only included the criticism that I and other consumer advocates had about the A+ to F grading system – but proof that businesses could BUY A+ grades.




No Image

Aiello Plumbers Meet Their Match

As the publisher of a website and a believer in the free market system, I fully support advertising. But as consumers, we need to be skeptical, not only about what the ads say but about…


No Image

Better Business Bureau To Investigate Los Angeles BBB Chapter

Buried in a statement by Better Business Bureau Council President is his claim that his organization will immediately launch an investigation into the largest BBB chapter int he U.S. and Canada.

As the last point is BBB Council President Steven Cox’s statement is the following:

“Finally, BBB will launch an immediate investigation into the Los Angeles-area BBB.”


No Image

Better Business Bureau Hopeful Minor Changes Will Appease Critics Of Its Pay To Play System

Steve Cox, the president of the 120 chapter Better Business Bureau Council in the U.S. and Canada, is much better public relations spinner than a reformed who is going to bring credibility to the 99 year organization.

In response to a devastating ABC TV 20/20 investigation this month on his organization, Cox now says that errors were made – unintentionally – that reforms will take place.

Hamas A- rating

Connecticut Attorney General Richard Blumenthal launched an investigation into the Connecticut BBB chapter after he was embarrassed by it by agreeing to be on its annual program with a company being honored for its high integrity, that turned out later to be a sham.