Daily Digest – September 22. DC AG Files Lawsuit Against Debt Buyer; Collection Agency Gets Exposed on TV

Some quick links to start your Tuesday. Collection agency Taylor, Ricci & Associates launched a Facebook page … This is just nuts … Apple planning to launch an electric car … Personally, this story is getting out of hand … The most powerful women in banking … Wisconsin Governor Scott Walker suspended his presidential campaign and called for Republican candidates to unite against Donald Trump … 2.3 million people applied for 368 jobs in India to be a tea server or night guard … The price for a drug that has been around for 62 years was just raised to $750 a pill, from $13.50 …  Why you should build your company to be dangerous.

NEWS 

• The attorney general for the District of Columbia has filed a lawsuit against what it labeled as a “debt purchasing company” based out of California called CashCall. CashCall, which purchased loans originated by Western Sky Financial, was allegedly charging interest rates 12 times higher than the legal limit.

• A Dallas-area television station has reported an in-depth feature on Tucker, Albin & Associates, a collection agency that has run afoul of regulators in Texas and Minnesota. The TV station tried to talk to the CEO of the agency and approached employees in a smoke break area, where the people, wearing Tucker, Albin polo shirts, gave some interesting answers.

• A comprehensive look at whether collectors can garnishee the Social Security benefits of delinquent debtors.

Movie bloopers that made it into the final cut

Setting a world record in a Jaguar SUV

 

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