Tuesday, 30 July 2013 07:48
'Americans still reeling from the collapse of the U.S. housing market and who lost homes or tens of thousands of dollars in equity are going to be especially upset by news that one of the lenders at the heart of the collapse, Bank of America, is guilty of fleecing borrowers and rewarding foreclosures.
According to BoA employees-turned-whistleblowers who have signed sworn statements attesting to the validity of their accusations, "Bank of America employees regularly lied to homeowners seeking loan modifications, denied their applications for made-up reasons, and were rewarded for sending homeowners to foreclosure," investigative journal ProPublica is reporting.'
Monday, 29 July 2013 10:15
'Now, a new study has pinpointed some of the probable causes of bee deaths and the rather scary results show that averting beemageddon will be much more difficult than previously thought.
Scientists had struggled to find the trigger for so-called Colony Collapse Disorder (CCD) that has wiped out an estimated 10 million beehives, worth $2 billion, over the past six years.
Suspects have included pesticides, disease-bearing parasites and poor nutrition. But in a first-of-its-kind study published today in the journal PLOS ONE, scientists at the University of Maryland and the US Department of Agriculture have indentified a witch’s brew of pesticides and fungicides contaminating pollen that bees collect to feed their hives.'
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