Call it an American life lesson: The bigger you win, the more people want in on the action. At least that's how Jeremy Alters says he's been feeling lately. In the past two years, Alters has become Miami's class-action-lawsuit king, raking in more than a billion dollars in settlements from defect ... More >>
Although the South Beach Wine & Food Festival is still a month away, the time to get those tickets is now. Indeed, some of the more popular events are sold out. You've already missed the meaty Burger Bash, BBQ & The Blues hosted by Food Network's "Iron Chef" Michael Symon, and Paula Deen' ... More >>
So, a stand up comedian walks into a bank ...and robs it twice in one week. 27-year-old Jeffrey Lluis was arrested on Thursday after making his second robbery at a SunTrust branch in Citrus Park. He pulled off the second heist on Thursday even after police had interviewed about the Tuesday r ... More >>
photo by Brian Katt via Wikimedia CommonsThe Occupy movement started with mass outrage against Wall Street, and while Miami may not be home to the slimy realm of Gordon Gekko, protesters outside the Stephen P. Clark Government Center are turning their economic outrage onto the local equivalent: the ... More >>
Two years ago, U.S. Century Bank earned the distinction as the bank with more insider deals than any other banking institution in Florida. Several U.S. Century board members and executives accounted for $110 million in insider loans at a bank with deposits of $1.5 billion in 2009.One of those ins ... More >>
Worship with Cee Lo at SunFest.Read Crossfade's print feature on Taking Back Sunday at SunFest 2011. Throughout history, humans have worshipped the sun in strange ways, often involving mass orgy and human sacrifice. Our ancestors really knew how to party, huh? Well, yes ... But it's now the 2 ... More >>
The Florida Carpenters strike again, this time against a TD Bank on Biscayne Blvd. in North MiamiFrom Ohio to Wisconsin, organized labor is under attack. In that mitten-shaped slab of cheese up north, governor Scott Walker used a budget bill to kill collective bargaining. In Ohio, the working man ... More >>
Off the hook for millions in money laundering.Happy Anniversary, Wachovia!A year after the bank admitted to laundering hundreds of millions in Mexican drug money -- and paying $160 million in fines and penalties -- the company is now off the hook for further punishment.According to the British pa ... More >>
Food Network Party with GuyEvery year the South Beach Wine & Food Festival Rolls out its tents on the beach off Ocean Drive and every year you procrastinate, waiting to see if somehow some business associate or rich benefactor will bestow on you a complimentary golden ticket. If you ha ... More >>
Julio RobainaNine more individuals have been criminally charged in the ongoing federal investigation into a $40 million ponzi scheme in Hialeah. The arrests come in the wake of news reports that the FBI and the Internal Revenue Service are investigating Hialeah Mayor Julio Robaina for alleged loa ... More >>
via Miami-Dade CorrectionsJorge Uscamayta was arrested along with more than 20 other baggage handlers yesterday.How's this for a truly bizarre crime connection? Last night, Miami-Dade police announced the arrests of more than 20 curbside baggage handlers at MIA on charges that they'd taken cash b ... More >>
You've been hit by, you've been struck by a dumb criminalBank robbery is not a dumb man's game. With high-tech security and cunning police, there's little room for amateurish. Even if you do manage to make off with some loot, you better have a good get away plan. That usually involves making sure ... More >>
A Miami PD SWAT team has surrounded a Bank of America near the University of Miami and shut down nearby Coral Gables streets as negotiators try to talk down an armed robber holding at least one hostage inside.UM sent students an alert about an hour ago warning them to stay away from the bank ... More >>
Weezer's Rivers Cuomo, after knocking out Chris Cornell in four roundsNow Crossfade isn't taking any steps to become Sunfade for the week, but there's going to be a lot of SunFest coverage. The lineup, which includes Weezer, the Flaming Lips, Nas, among many others, is strong to say the least. A ... More >>
Wachovia bank executives have admitted that the banking giant laundered millions of dollars for Mexican drug lords between 2003 and 2008, prosecutors announced in Miami this afternoon. DEA photo via Wikimedia CommonsThe bank has promised to pay $160 million in fines and penalties and to set ... More >>
How many times has this happened? Desperate for a caffeine jolt, you stumble into a Starbucks and order a $2 tall coffee. As usual, your wallet is bereft of cash, so you whip out the debit card to pay the bill. courtesy Channel R, via Wikimedia CommonsIn your sleep-deprived state, you forge ... More >>
via City of Miami Former City Manager Pete Herandez handed in his resignation on Friday. Bank exec Carlos Migoya will be announced as his replacement this afternoon.Mayor Tomas Regalado will name Carlos Migoya, a former Wachovia Bank president and Autonation executive, as interim city mana ... More >>
via The BuzzWell, this tweet from the Republican Party of Florida's Twitter page sure ain't subtle: "Alex Sink is a lousy corrupt Ultra-Liberal Dem., fully-owned by banking industry and trial lawyers."Jeez, RPOF, tell us how you really feel.The tweet linked to a RedState.com user diary titled "Th ... More >>
Are we the only ones who think the snow flakes that go up this time of year on the Bank of America Building look like giant glowing infectious sores? Probably. Sorry to ruin a holiday tradition. Today's photo come MagicCity305's Flickr. If you'd like to see your photo here, join our Flickr group.
via Josie B's flickrIt's hard to illustrate these type stories, but this seems appropriately depressing. It's more of a mood pic. Well, your bank account may already know this, but a new Wachovia report says that Florida was hit the hardest by the recession. Here's your depressing factoids ... More >>
The News Service of Florida's article about Alex Sink's appearance at the Jefferson-Jackson dinner this weekend on Miami Beach contains some praise from an unlike source: former Republican Party of Florida chairmen David Johnson. "The farming background could help in North Florida and th ... More >>
Local Coral Gables-based Bank United collapsed yesterday in the biggest bank failure of 2009. The remnants were sold to an investor group, and all their offices should be open today. [AFP] A man tried to set fire to a synagogue on Miami Beach, but was caught on video. The suspect has be ... More >>
Forget Edison, Franklin, even Steve Jobs. If there's one innovator we truly love and respect here in South Florida and the Caribbean, it's Charles Ponzi.The guy, let's face it, invented pretty much the best scheme ever. Why do complicated stuff like "invest money" when you can just take it and prete ... More >>
via Wikimedia CommonsHave you seen this new, weird children's television program Fox News has on called "The Glenn Beck Show?" I've seen it only once, and Beck was harping on about how Obama was a socialist, and how socialism or anything vaguely like it is horrible because Stalin killed a ... More >>
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