Android Any article/info on permissions and data usage asked by apps?

[Spacescreamer]

The recent hype created by the facebook app asking permission to read the user's text messages did created an uncomfortable situation for many, but thankfully it all turned out to be not so concerning.

Just been thinking if there exists any detailed article explaining how the various apps use the data/permission grants they obtain before installation from the users?
And also if and how this data can be misused..?

Thanks in advance [DOUBLEPOST=1390996181][/DOUBLEPOST]bump!