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Consumer Watchdog Says Average 15% Rate Could Still be Excessive Under Proposed ‘Prior Review’ Rate Regulations Santa Monica, CA -- Anthem Blue…
Jun 30, 2010My wireless had been knocked out for several hours, so apologies for the blackout. We are about an hour and a half…
Jun 30, 2010Google woos people with its “don’t be evil” slogan and assures us that everything it does is meant to enhance our online…
Jun 30, 2010Representatives from AIG are asserting good faith and denying that credit default swaps (CDSs) or over-the-counter derivatives were ever sold without due…
Jun 30, 2010The session with the "experts" is over. It is not entirely clear if the Commission learned anything new, especially considering the disparate…
Jun 30, 2010So far, the questioning has been abstract, about the nature of derivatives and their inherent risk in the market. The Commission is…
Jun 30, 2010While opening statements wrap up from our four witnesses, only one witness seems to be defending the stance that over the counter…
Jun 30, 2010
The first round of questioning will be with experts (aka professors) on derivatives. Here are the witnesses:
Jun 30, 2010This morning in Dirksen Senate Building the Financial Crisis Inquiry Commission, a congressionally appointed panel, will be investigating "how the interaction of…
Jun 30, 2010A consumer group warned in a letter to U.S. Health and Human Services Secretary Kathleen Sebelius that health insurers “cannot be trusted”…
Jun 30, 2010Letter to HHS Chief Sebelius Cites Lobbying, Legal Tactics of Insurers, and Premium Inflation by Wellpoint, Aetna in Advance of New Regulations…
Jun 29, 2010The intent, said Doug Heller, executive director of Consumer Watchdog, whose complaint with the Fair Political Practices Commission is under review, was…
Jun 28, 2010The Dodgers will begin a three-game interleague series against the New York Yankees tonight at Dodger Stadium with the most restrictive regular-season…
Jun 25, 2010"Forcing people to buy several game packages just rules out most folks from being able to attend a Dodgers versus Yankees game,"…
Jun 25, 2010The Department of Insurance said it found "substantial mathematical errors" in the rate filings submitted by Aetna, which had planned to raise…
Jun 25, 2010The health insurer pulled back after multiple math errors in its paperwork were found by its own staff and by an independent…
Jun 25, 2010Congress is expected to approve the bill next week, making it the most far-reaching set of financial reforms since the Great Depression.…
Jun 25, 2010The House/Senate conference committee on financial reform is debating the structure and authority of a consumer financial protection bureau. The issue just…
Jun 22, 2010