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, 2010Consumer Watchdog
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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
Insurance
Math Error Found In Aetna Health Care’s New California Premiums
The Department of Insurance said it found "substantial mathematical errors" in the rate filings submitted by Aetna, which had planned to raise…
Jun 25, 2010
Insurance
Aetna Scraps 19% Rate Increase for Individual Policyholders
The health insurer pulled back after multiple math errors in its paperwork were found by its own staff and by an independent…
Jun 25, 2010
Energy
House and Senate Lawmakers Reach Deal on Financial Reform
Congress is expected to approve the bill next week, making it the most far-reaching set of financial reforms since the Great Depression.…
Jun 25, 2010
Insurance
Aetna rate increase bites the dust; Review finds major ‘mathematical errors’
It was insurance company lobbying that stuck Americans with a health reform law that lets private insurance companies run the show. The…
Jun 25, 2010
In The News
Liveblog: We swear we’ll talk about derivatives soon
On deck: the Merkley-Levin amendment/Volcker Rule to ban proprietary trading by banks. Next up: derivatives, and a vote on whether the bill…
Jun 24, 2010
Insurance
White House carries a small stick against spiking health premiums
It was nice of the New York Times to print a story on the fast rise of health insurance premiums nationwide, just…
Jun 23, 2010