Showing posts with label Safety. Show all posts
Showing posts with label Safety. Show all posts

Tuesday, September 6, 2011

FOUL BALLS: Ranking The Worst Food Safety Violations At Major League Baseball Stadiums

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Stadium concessions are a huge part of the business of sports as franchises clean up on the high profit margins and lack of competition.

$7.50 for one hot dog? What choice do you have? (Pretty tasty, though.)

For those kinds of prices, fans would expect the highest quality from their food preparers, but things are not always what they seem. It's a tall order to feed 52,000 people in a single night and keep the the kitchen spic and span. Most MLB ballparks can't (totally) pull it off.

So we looked up the public food inspection records for every Major League Baseball stadium to see who's the best — and worst — at keeping your food clean.

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Friday, September 2, 2011

US Preparing To Sue Banks For Billions Over Misrepresenting Safety Of Mortgage Securities

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The New York Times scoops that the federal government is preparing to file suit against a dozen major banks in the coming days for their roles in 2008 financial crisis.

The Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, is alleging that the banks misrepresented the quality of mortgages bundled together as securities — billing subprime loans as secure investments.

Among the banks set to be slapped with lawsuits according to the Times are: Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank. The agency filed suit against UBS earlier this year for $900 million in damages.

Fannie and Freddie lost more than $30 billion during the financial crisis — at least in part due to the bad loans they bought.

The lawsuits are expected to be filed Friday, or else just after the holiday weekend.

Read the full New York Times report here:

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