destinyland writes: "Online information is creating problems for U.S. Bancorp. A new federal law lets customers opt-out of high-fee overdraft protection. In October a consumer site published
an internal U.S. Bancorp memo, which inspired a Washington customer to confront a local manager who insisted that opting out was impossible. He ultimately received an apology from the bank's CEO — but two days later recorded the bank's tellers again wrongly advising customers that opting out was impossible. Now he's posted the audio recording online, targetting the $50 billion a year banks earn from their "courtesy" overdraft protection." Link to Original Source
HuguesT writes: An long and detailed article from the L.A. Times points out severe, unintended side effects of the health policies of the Bill & Melinda Gates foundation. This foundation has given away almost 2 billions US$ to the fight against AIDS, TB and Malaria worldwide. Thanks in no small measure to this effort, the death toll from AIDS in most of Africa are finally levelling off. However, the money from the foundation is earmarked to the fight against these three diseases, to the detriment of global health. Sick people can also be hungry and not able to ingest healing drugs. Doctors in these countries prefer to be well paid working against AIDS than poorly working against all the other health problems, which creates a brain drain. Numerous children also suffer from diarrhea or asphyxia due to lack of basic care.
The paradox is that countries where the foundation has invested most have seen their mortality rate increase, whereas it has improved in countries where the foundation was least involved.