Archive for August, 2012

FDCPA and Other Consumer Lawsuit Statistics, August 1-15, 2012

Posted on 31. Aug, 2012 by .

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No surprises this period. FDCPA litigation is still lackluster compared to last period and last year, while FCRA and TCPA are both up from last period and last year. The only interesting trend is that FDCPA does appear to be slowly narrowing the gap between this year and last year. Two months ago, the difference was 3.2%. Six weeks ago it spiked to 6.7%, four weeks ago it was 7%, two weeks ago it was 5.4%, and now it is 4.1%. This shows the spike may have been an anomaly, and if current trends continue it may eventually close the gap altogether.

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Analysis: JPMorgan faces sea of trouble resolving “Whale” probe

Posted on 31. Aug, 2012 by .

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NEW YORK (Reuters) – The fallout from a nearly $6 billion trading loss at JPMorgan Chase & Co looks like it will haunt the big U.S. bank and its high-profile chief executive, Jamie Dimon, for months to come.

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Insight: Brutality, anger fuel jihad in Russia’s Caucasus

Posted on 31. Aug, 2012 by .

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GIMRY, Russia (Reuters) – Little girls in hijabs peek out of tin-roof houses and boys play at “cops and insurgents” in the narrow dirt streets.

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Exclusive: China’s Hu seeks clean power handover with ally’s promotion – sources

Posted on 31. Aug, 2012 by .

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BEIJING (Reuters) – China’s outgoing President Hu Jintao is angling to promote one of his closest allies to the military’s decision-making body, sources said, in a move that would allow him to maintain an influence over Beijing’s most potent instrument of power.

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North Korea makes “significant” nuclear reactor progress: IAEA

Posted on 31. Aug, 2012 by .

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VIENNA (Reuters) – North Korea has made significant progress in the construction of a light water atomic reactor over the past year, a U.N. watchdog report said, a facility that may extend Pyongyang’s capacity to produce material for nuclear weapons.

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Egypt says Syria’s “oppressive regime” must go

Posted on 31. Aug, 2012 by .

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DUBAI/AMMAN (Reuters) – Egypt called on Thursday for intervention to halt bloodshed in Syria, telling a meeting of 120 nations it was their duty to stand against the “oppressive regime” of Bashar al-Assad, prompting a Syrian walkout.

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Two Afghan children beheaded in separate incidents

Posted on 31. Aug, 2012 by .

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KABUL (Reuters) – An adolescent boy and a young girl have been beheaded in two separate incidents in Afghanistan, local officials and police said on Friday, in the latest brazen attacks that have raised fresh questions about a splintering Taliban.

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Several dead in shootout in New Jersey shopping plaza-report

Posted on 31. Aug, 2012 by .

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NEW YORK (Reuters) – An early-morning shooting at a Pathmark supermarket in New Jersey has left at least three people dead, including the suspected gunman, local media said on Friday.

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Quake of 7.9 magnitude strikes off Philippines: USGS

Posted on 31. Aug, 2012 by .

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MANILA (Reuters) – An earthquake of 7.9 magnitude struck off the Philippines on Friday and a tsunami warning has been issued for the region, the U.S. Geological Survey and the Pacific Tsunami Warning Center said.

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Isaac’s remnants bring headaches but also relief to drought

Posted on 31. Aug, 2012 by .

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NEW ORLEANS (Reuters) – The remnants of Hurricane Isaac continue to cause headaches on Friday, bringing heavy rainfall and the threat of flash flooding to the lower Mississippi Valley as Gulf Coast residents get ready to start their cleanup efforts.

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