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USA Today
July 25, 2012
DUBLIN – Fraud detectives arrested the former chief executive of Anglo Irish Bank and charged him Tuesday over a conspiracy to hide colossal losses at the bank that brought the nation to the brink of bankruptcy.
FitzPatrick was arraigned [...] on 16 counts related to Anglo’s doomed 2008 effort to prop up its collapsing share price. Forensic accountants found that Anglo provided secret loans to 16 insiders on [...]
Alex Fitzpatrick
mashable.com
July 13, 2012
Facebook and other social platforms are watching users’ chats for criminal activity and notifying police if any suspicious behavior is detected, according to a report.
The screening process begins with scanning software that monitors chats for words or phrases that signal something might be amiss, such as an exchange of personal information or vulgar language.
The software pays more attention to chats between users who don’t already have a well-established [...]
20 hooded youths stormed pub with knives ‘like a pack of wolves’
Bernard Fitzpatrick is critical after acting as a human shield when son Luke, 25, was dragged away then stabbed to death in the street
Gang attacked after Champions League final in scenes ‘like something out of a horror film’
Youths were known troublemakers – ‘at 17 why have they got knives? it’s disgusting’ says one witness
‘He had never done a bad [...]
BY CARA FITZPATRICK, SHELLEY ROSSETTER AND JEFFREY S. SOLOCHEK
TAMPA BAY TIMES
After conceding that poor communication with teachers could have contributed to the unprecedented plunge in Florida students’ writing scores this year, the state Board of Education voted Tuesday to lower the passing mark for the test.
Education Commissioner Gerard Robinson defended the decision against critics who said it was a quick fix for bad results on the Florida Comprehensive Assessment Test, [...]
Bank of America could soon announce a fresh round of layoffs, reports the Wall Street Journal’s Dan Fitzpatrick and Dana Cimilluca.
The Charlotte, N.C., company is planning about 2,000 staff cuts in its investment banking, commercial banking and non-U.S. wealth-management units, said people familiar with the situation.
…
In the latest round of cuts, less than 400 will come from investment banking, corporate banking, sales and trading, the people familiar with the matter [...]
Burger King announced that all of its eggs and pork will come from cage-free chickens and pigs by 2017 causing a whopper of a shift toward more humane treatment of animals.
The decision on Wednesday by the world’s second-biggest fast-food restaurant raises the bar for other companies seeking to appeal to the rising consumer demand for more humanely produced fare.
The decision by Burger King, which uses hundreds of millions of eggs [...]
All that bluster in recent months from Bank of America about how it’s totally fine and everyone who says it isn’t is full of it?
A crock.
Bank of America, it turns out, has been operating under an informal “memorandum of understanding” with its regulators for the past two years.
This “memorandum of understanding” requires the company to fix various governance, risk, and liquidity problems, Dan Fitzpatrick of the Wall Street Journal reports.
And Bank [...]
BY DAN FITZPATRICK
Bank of America Corp. officials have discussed eliminating roughly 40,000 positions during the first wave of a restructuring that Chief Executive Brian Moynihan is expected to discuss Monday, said people familiar with the plans.
The numbers aren’t final and could change. The restructuring would reduce the bank’s work force over a period of years. In fact, Mr. Moynihan may not discuss a job-cut [...]
By DAN FITZPATRICK
Bank of America Corp. is cutting 3,500 jobs in the current quarter and working on a broader restructuring that could eliminate thousands of additional positions, people familiar with the situation said.
The 3,500 positions are spread across the nation’s largest bank by assets, including investment banking and trading, and the cuts are expected to be completed by the end of September. Some employees already [...]
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Florida writing standardized test scores are so abysmal, officials have changed the grading scale
BY CARA FITZPATRICK, SHELLEY ROSSETTER AND JEFFREY S. SOLOCHEK
TAMPA BAY TIMES
After conceding that poor communication with teachers could have contributed to the unprecedented plunge in Florida students’ writing scores this year, the state Board of Education voted Tuesday to lower the passing mark for the test.
Education Commissioner Gerard Robinson defended the decision against critics who said it was a quick fix for bad results on the Florida Comprehensive Assessment Test, [...]