NEW YORK, 6:14 AM, SAT JUL 19 | 19 POSTS IN THE LAST 24 HOURS | tips@consumerist.com | RSS
Posts Tagged “

Speculation

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subprime meltdown

Real Estate Speculation: From A Trailer Park To Foreclosure On 4 Homes

The Minneapolis Star-Tribune has a fascinating article about real estate speculation in Minnesota. The article focuses on Bradley and Sarah Collin, a couple with three children who were living in a trailer park when they were suckered by a local "property management company" that (illegally) paid the couple $20,000 cash to buy 4 houses in a new subdivision. More »

12:18 PM on Mon Apr 21 2008
By Meg Marco
9,338 views, 53 comments

are they telling us the whole truth?

Missing Data On 650,000 Customers Related To Credit Card Fraud Surge?

On Tuesday we speculated that the surge in credit card fraud and forcible card reissues our readers have been reporting to us were the result of a recently discovered breach at a "major retailer," and now GE Money Bank reported that the data of over 650,000 customers of JC Penney and hundreds of other retail stores is missing. Are these two events related? The official line is no. GE Money Bank says the data, which was stored on magnetic tapes, "was created in such a manner to make unauthorized access extremely unlikely and difficult, even for experts with specialized knowledge and technology." But guess what? More »

5:06 PM on Fri Jan 18 2008
By Ben Popken
2,960 views, 13 comments

Latest by n/a: The technology "was created in such a manner to make unauthorized access extremely unlikely and difficult, even for experts with specialized knowledge and technology." All these 'experts' need are functional legs and hands to grab the tapes,copy them,and walk out the more »

ebay

Game Quest Direct Thwarts eBay Gougers

Silicon Era has posted a great expose of Game Quest Direct, a once-retail video game chain that hit it big by acting as a bulk republisher of particularly sought-after games. Inspired by the absolutely mad eBay prices on games like Disagaea or Resident Evil 3 for the Gamecube, these guys decided to strike up deals with the publishers to get these games back in circulation at a reasonable price. The problem? The very same gaggle of eBay speculators who inspired GCD's business are now calling foul: More »

1:48 PM on Mon Jan 23 2006
By consumerist.com
96 views, 4 comments

Latest by RowdyRoddyPiper: Ummmm...not to get all economics professor here, but the problem for the speculators is that supply increased, not demand. Now maybe the increase in demand signaled to the supplier that they should increase supply, but the problem is the more »