So far, when it comes to satisfaction in the world of business, things have been all one way—toward the consumer. Of course, there is nothing wrong with rating businesses. It can push marginal companies toward better service or products. The problem is that all of that is one-sided. Then came BusinessBeware.biz and information began to move the other way as well.
The website was created by Robert Bodi, an independent irrigation contractor in Venice, FL, when, after speaking with a colleague, he realized that both he and his friend—and later, a third contractor—had been stiffed by the same customer.
The website is a place where business owners can share stories about the deadbeats and impossible-to-please customers they have had to deal with. Like Rip-off Report, BusinessBewar... [Read Full Article]
Government and Economy
Labor Secretary Nominee Hearing Postponed Over Taxes
A Senate committee today abruptly canceled a session to consider Rep. Hilda Solis' nomination for Labor Secretary after news that her husband only just paid about $6,400 to settle tax liens against his business, some of which had been outstanding for 16 years.
Treasury Bilked in Bailout Bank Stock Buys
A government watchdog group reported that under the $700 billion bailout program, the federal government overpaid for stocks and other assets from financial institutions to the tune of $78 billion.
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