Privacy
Liveblog: Dull Goldman session
Unlike the previous session with AIG's Cassano, this session with Gary Cohn, President of Goldman Sachs, and Craig Broderick, head of credit,…
Jun 30, 2010Consumer Watchdog
Providing an effective voice for American consumers in an era when special interests dominate public discourse, government and politics. Non-partisan.
Articles by Consumer Watchdog
Anthem Resubmits Smaller Health Premium Proposal After Consumer Outrage, State Finding of Major Errors; Shows Need for Rate Regulation Bill Now Before State Legislature
Consumer Watchdog Says Average 15% Rate Could Still be Excessive Under Proposed ‘Prior Review’ Rate Regulations Santa Monica, CA -- Anthem Blue…
Jun 30, 2010
Privacy
Liveblog: Recapping Cassano’s testimony
My wireless had been knocked out for several hours, so apologies for the blackout. We are about an hour and a half…
Jun 30, 2010
Privacy
Google Should Answer Some Searching Questions
Google woos people with its “don’t be evil” slogan and assures us that everything it does is meant to enhance our online…
Jun 30, 2010
Insurance
Liveblog: Cassano: Never diluted our underwriting standards
Representatives 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, 2010
Insurance
Liveblog: Did we learn anything?
The session with the "experts" is over. It is not entirely clear if the Commission learned anything new, especially considering the disparate…
Jun 30, 2010
Privacy
Angelides gets glib
A quick interaction between members of the FCIC as they questioned their first panel of academics on derivatives this morning foreshadows the…
Jun 30, 2010
Privacy
Liveblog: Derivatives seminar
So far, the questioning has been abstract, about the nature of derivatives and their inherent risk in the market. The Commission is…
Jun 30, 2010
Insurance
Liveblog: Opening statements
While opening statements wrap up from our four witnesses, only one witness seems to be defending the stance that over the counter…
Jun 30, 2010
In The News
Liveblog: First round
The first round of questioning will be with experts (aka professors) on derivatives. Here are the witnesses:
Jun 30, 2010
Privacy
Liveblog: Getting called to the Principal’s office
This morning in Dirksen Senate Building the Financial Crisis Inquiry Commission, a congressionally appointed panel, will be investigating "how the interaction of…
Jun 30, 2010
Insurance
Consumer Group Warns Sebelius On Health Insurers’ ‘Bully Tactics’
A consumer group warned in a letter to U.S. Health and Human Services Secretary Kathleen Sebelius that health insurers “cannot be trusted”…
Jun 30, 2010
Insurance
Insurance deregulation blocked in Wall Street reform bill
Drivers, business owners and every other American who expects their insurance policies to be there in an emergency can breathe a sigh…
Jun 29, 2010Watchdog Warns White House to Resist “Bully Tactics” of Insurers As Regulations Are Written, or Risk Losing Control of Health Reform
Letter to HHS Chief Sebelius Cites Lobbying, Legal Tactics of Insurers, and Premium Inflation by Wellpoint, Aetna in Advance of New Regulations…
Jun 29, 2010
Insurance
Corporate PACs Spent Freely In Spring Races
The intent, said Doug Heller, executive director of Consumer Watchdog, whose complaint with the Fair Political Practices Commission is under review, was…
Jun 28, 2010
Insurance
Top trustbuster says DOJ watching search industry
The U.S. Justice Department is paying close attention to the Internet search industry now dominated by Internet giant, Google, according to Assistant…
Jun 28, 2010
Insurance
Dodgers Draw Criticism for Yankees Series Ticket Policy
The 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
Privacy
Dodgers Make You Pay For Your Nostalgia
"Forcing people to buy several game packages just rules out most folks from being able to attend a Dodgers versus Yankees game,"…
Jun 25, 2010