Well well well. New information from an inside source says that the tech threw dirt on the infamous “dusty PS3″ to deny the warranty claim because he didn’t feel like repairing it. Shocking! His confession, inside.
Insiders: Countrywide Made Racist Sub-Prime Loans
The Wells Fargo racist sub-prime mortgage lawsuit reminded me of an old post we did where an ex-Countrywide employee alleged that that loan company had racist practices too. Here’s the insider email we posted back in February, 08:
Hank Paulson Admits He Never Really Understood How Mortgage-Backed Securities Worked
Here’s more proof that the people who probably should have known how they were making all that housing bubble money never did—even those who personally made tens of millions off of it. The Business blog at The Atlantic notes a quote Hank Paulson, former Goldman Sachs CEO and Treasury Secretary, gave Newsweek: “I didn’t understand the retail market; I just wasn’t close to it.”
How To Shut Webloyalty Down For Good
A retail insider tells us why Webloyalty/Reservation Rewards stays in business, and how you can stop them by cutting off their juice at the source:
Bad Idea: Confessing To Your $100,000 A Year Shoplifting Habit On National TV
All the clever shoplifting tricks in the world won’t save you from yourself if you decide to reveal your secrets on Dr. Phil. Last week a fraud task force raided the home of Laura and Matthew Eaton, who appeared on an episode in November to show the audience how they did it and to say they were going straight.
10 Confessions Of A Cash4Gold Employee
UPDATE 3: We did a feature investigative article on Cash4Gold, entitled, “The Article Cash4Gold Doesn’t Want You To Read.”
6 Liquidation Sale Tips From A Circuit City Employee
Sam, a reader who says he is a current Circuit City employee, writes in to offer his advice on navigating the liquidation.
12 Confessions Of A U.S. Bank CSR
A customer service rep (CSR) for U.S. Bank’s 24-hour banking hotline has stepped forward from the shadows to reveal 12 tips that can save customers money and time. Insider tips on how to get fees refunded, how “available balance” is a lie, and why you should demand the Portland call center when you have a fraud problem, inside…
Call Centers: Teleperformance USA Is A Cancer
“Thank you for holding, your call will be answered in the order it was received by an incompetent drug-addict whose training consisted of watching funny stuff on YouTube.” That’s the substance of this insider confession from a former trainer at Teleperformance USA, one of those outsourced call centers that turns your customer service call into the modern-day version of The Trial. Hear about the restroom sex, drugs sold on-site, and employees getting away with writing down and running off with customer’s credit card numbers, inside…
Insider: Smart Shoppers Are Going To Circuit City Stores That Aren't Closing
An employee of one of the closing Circuit City stores tells us that they were offered “big bonuses” for sticking around until Dec 31 instead of looking for a new job — but when the liquidator showed up the “bonus” was $0.75 an hour. Ouch. Oh, and yes, the liquidator is raising prices according to this now disgruntled employee.
Beware Items Without Pricetags At Liquidated Circuit City Locations
A former Circuit City employee says he visited some of his old coworkers and found out about a trick the liquidators are using that you should beware:
How Outsourced Call Centers Are Costing Millions In Identity Theft
A former Chase call center rep tells the story about this one thief who was able to rip off one customer for over $40,000, thanks to his constant outwitting out the internationally out-sourced security department. It wasn’t that hard. Over and over again, he was able to commit credit card fraud just knowing the guy’s name, social, and mother’s maiden name.
Home Mortgage Collector Confessor Responds To Your Comments
In response to some of the comments posted on 12 Confessions Of A Home Mortgage Collector, the confessor has sent in a followup letter to answer your questions, and clarify some of his statements.
Why I Quit Staples Easy Tech
Sick of seeing customers screwed over and billed for unnecessary repairs by undertrained technicians, a Staples tech writes in to tell the incident that made him quit. See this picture? This is the floor model computer where he was told to copy all of a customer’s hard drive data as part of their diagnostic process, then he had to leave the area and leave all the data up on the screen for any customer to see or snag with a thumb drive. The full story, inside…
12 Confessions Of A Home Mortgage Collector
A former Wells Fargo Home Mortgage home collector has stepped forth from the shadows to tell you what’s really going on. Here’s his confession:
Disgruntled Ex-Employee Wants To Tell The World Not To Shop At GameStop
A disgruntled former employee of GameStop calling himself “WhistleBlowerZero” has created a 9-part YouTube video series which explains quickly, but in exhaustive detail, the many reasons why you, Dear Consumer, should not shop at GameStop. It’s modeled after the popular “Zero Punctuation” game reviews, a fact that will probably be lost on anyone who doesn’t already know the many reasons not to shop at GameStop.
Rogue Sandwich Delivery Guy Wants To Tell World Not To Buy Chips
This little email from an apoplectic-sounding Jimmy John’s delivery guy just popped into our inbox and we felt the need to share it with you, our readers. The moral? Don’t buy overpriced chips.



