Daily Digest – July 28. More Opposition to IRS Outsourcing Collections; Owner of Shuttered Collection Agency Gets Profiled

Some quick links to start your Tuesday. Android phones can be hacked just by receiving a text message … LinkedIn backtracks from taking away user’s ability to immediately export connections’ contact information … Speed reading may be all that is standing between you and becoming a billionaire … The difference between success and failure … Colleges should be more accountable … Are there problems at Bank of America?

NEWS

• Now the Washington Post has stepped up and jumped on the bandwagon opposing outsourcing Lenovo IdeaPad V475 AC Adapter collections from the Internal Revenue Service to third-party agencies. It starts off on a rant about the evils of collection agencies, but then expands into who has the rights to collect taxes in the first place.

• An incredibly in-depth look into John St. Denis, who owned Med-Rev Recoveries, which was forced to shut down last month. The article looks at St. Denis’s checkered past, his friendship with the Syracuse (N.Y.) chief of police, and what happened that led to Med-Rev’s closure.

• A West Virginia woman is suing Square Two Financial, which does business as CACH LLC, for allegedly adding her as a obligor on the Cabela’s credit card account of her husband, instead of just an authorized user. The company is suing the wife for non-payment following the husband’s death.

• From ACA International: An appeals court has overturned a lower court’s ruling giving a Texas bank the right to question whether the mere existence of the Consumer Financial Protection Bureau is unconstitutional … The cities with the biggest and smallest credit card burdens.

So glad I wasn’t on this flight

More on the Android phone hack

If you have a tip or item you would like to share, or are interested in sponsoring the Daily Digest, please contact me at [email protected].