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Business

Arrests and the week in review

Nassau District Attorney Kathleen Rice

Nassau District Attorney Kathleen Rice Photo Credit: Howard Schnapp

-- The Nassau DA, above, said she had broken up a ring of mortgage scammers that had cheated banks, homeowners and the county out of $20 million. (Coverage included a photo gallery of the accused.)

-- It was a disappointing week for government data, with the state announcing that it’s employment estimates for recent months were overstated, and with signs that food and fuel costs were up significantly.

-- We found out the troubled nuclear plants in Japan had something in common with the shuttered plant in Shoreham.

-- Brookhaven National Lab touted its partnerships with small businesses on Long Island.

-- And a phrase long used by real estate agents has apparently fallen out of favor.

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