Posts Tagged: policies

Fraudster’s Home Depot Scam Snagged!

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According to the Associated Press, a Connecticut man was given nearly $300,000 in fraudulent Home Depot credit by walking into stores in several states, loading expensive doors into a lumber cart in one department of the store and then returning them to the customer returns department of the same store without a receipt. Questions: Source:… Read more »

Banking While Black

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According to a new study by the National Community Reinvestment Coalition, Black and Hispanic men seeking small business loans face more scrutiny and worse treatment from bank officers than less qualified white men. Questions: What were the declines in government-backed lending to black business owners from 2008 to 2016? According to the study, what type… Read more »

The “Look Policy” & a Class-Action Lawsuit

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Abercrombie & Fitch’s “Look Policy” requires workers on the floor to wear “clothes, accessories and footwear that are similar in style and fit to the brand, and that are consistent with the current fashion season and colors” but that aren’t “clearly that of a competitor.” Questions: 1. Economic historian Price V. Fishback wrote that, “The… Read more »

How Do you Assess Likelihood about the Unknown: Insurers and Driver-less Cars

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Tesla Motors is going to roll out a self-driving feature on selected cars this summer. The dilemma for insurance companies is “how do you assess the risk without an existing track record?” Questions: 1. Even when self-driving cars are widely available, what will delay their widespread adoption? 2. Why do you think that California is… Read more »

Outlasting Resources: Unchartered Medicaid Territory

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The presidential election may decide the fate of Medicaid’s future. Faced with rising Medicaid costs and budget deficits, many states are already trying to cut the cost of long-term care by significantly changing Medicaid coverage, through the use of federal waivers. To be eligible for Medicaid, a person must spend down so that they have… Read more »

General Services Administration (GSA) Scandal

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A hearing on an extravagant government conference in Las Vegas will enter its second day on Capitol Hill on Tuesday, April 17. During Monday’s session, a House committee heard from officials accused of wasting taxpayer money on fancy meals and over-the-top entertainment. The GSA inspector general, Brian Miller, says he believes the behavior he uncovered… Read more »