Feb
27
The FBI has charged a Bronx mailman in a massive tax refund scam run out of the Dominican Republic that’s already cost taxpayers $40 million.
Lacy Bethea, 51, was nabbed Monday after he left his Jerome Ave. post office with a stash of 75 bogus refund checks planted by the feds that he planned to hand off to two of his cohorts.
“I pulled the plastic bag from Bethea’s left jacket pocket, after which Bethea gasped loudly,” FBI Special Agent Seamus Clarke reveals in a criminal complaint filed in Manhattan Federal Court.
In the Dominican Republic, authorities rounded up 19 people and seized more than a dozen computers. Read more..




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Feb
13
This was supposed to be a great week for Washington and Wall Street. The administration had leaked in advance that it was going to put a full-court press on for its stimulus and bailout programs. That led to intense anticipatory buying by the stock market bulls.
Monday night’s primetime news conference with President Barack Obama only heightened anticipation ahead of the main events on Tuesday: A big speech from Treasury Secretary Timothy Geithner and testimony before Congress by Federal Reserve Chairman Ben Bernanke.
But shortly after Geithner opened his mouth, stocks began to fall. Then they fell further. By the end of the day, the Dow Jones Industrials had plunged 382 points, or almost 5%.
What the Heck Happened? Read more..




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Feb
03

Father Alexander Agyepong who is originally from Ghana with friends Gloria Bai and Tomasa Mendes at Papaye Restaurant in the Bronx
Largely a Puerto Rican and African-American borough for several decades, the Bronx has become a mecca for immigrants from all over the world, according to new Census Bureau numbers.
Some 31% of the borough’s almost 1.4 million residents are foreign-born, making the Bronx one of the top-10 largest and most diverse cities in the U.S., according to the U.S. Census Bureau’s 2007 American Community Survey, released in December.
“A borough which was, at one time, largely native-born is now a mix of groups that, in the history of the Bronx, could be unprecedented,” said Joseph Salvo, population director of the city Planning Department.
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