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Security

Identity Theft Rates Among Top Banks 85

Posted by kdawson from the naming-names dept.
Hugh Pickens writes "Consumers, regulators, and businesses lack objective tools to compare the incidence of identity theft across financial institutions and without such tools, consumers cannot 'vote with their feet' and choose safer institutions. Now a study by Chris Hoofnagle has analyzed 88,000 complaints submitted by victims to the FTC over a three month period in 2006 and found that Bank of America ranked highest of all firms in the study, with an average of 1,117 incidents over a three-month period. AT&T had 763 incidents, followed by Sprint Nextel, JP Morgan, Chase and its Chase and Bank One, and Capital One. When the estimated events are divided by the total deposits, the data show that HSBC, Washington Mutual, and Bank of America have the highest rates of identity theft. Hoofnagle said lending institutions should publicly report information about identity theft events such as the rate of identity theft; the form of identity theft attempted; whether it was a mortgage loan or credit card; and the amount of loss suffered as a result. would help consumers choose safer financial institutions. The full study(PDF) is available from the Berkeley Center for Law and Technology."
Government

Daylight Saving Time Wastes Energy 550

Posted by kdawson from the back-to-nature's-clock dept.
An anonymous reader writes "With the time approaching when we'll be changing our clocks again, the Wall Street Journal is running a timely article on a study done by a UC-Santa Barbara economics professor and a Ph.D. student. The study unambiguously concludes that Daylight Saving Time not only doesn't save any energy, it actually wastes energy and costs more. The study used energy company records from Indiana before and after that state mandated DST for all of its counties, and calculated that the switch cost Indiana citizens $8.6M per year. 'I've never had a paper with such a clear and unambiguous finding as this,' the professor said."

Comment Re:What is a grocery store? (Score 2) 484

by AlphaOne (#22048228) Attached to: Microsoft Will Stream Ads To Grocery Carts
The problem is that you seem incapable civilly stating that you shop for groceries online and that it's the best thing since sliced bread. You seem incapable of not adding insults against anyone who still likes to shop at the store for a host of valid reasons. That might be why some people suggest you might wont more social interaction because, quite frankly, you really fucking suck at it.

Man, oh man, do I wish I had mod points. *high five*

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