Consumer Watchdog

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Consumer Watchdog

Accountability

Editorial: Time To Target California Cronyism

Editorial: Time To Target California Cronyism

<p>Given the way Washington has run away with itself, it’s no surprise that “crony capitalism” has risen to the top of the agenda for some politicians on the political left as well as the political right.</p> <p>The federal government has become a virtual one-stop shop for corporations more interested in gaming the system and capturing regulations than they are in making a clean profit and an honest living.</p>
W.H. Warned To Distance From Google

W.H. Warned To Distance From Google

<p> Consumer Watchdog is telling the White House that its cozy relationship with Google is inappropriate, given ongoing reviews by both the FTC and the Department of Justice.</p>
Does financial reform hit Wall St where it hurts?

Does financial reform hit Wall St where it hurts?

Two distinct narratives have emerged from last week’s approval by the U.S. Senate of financial reform legislation. One: Of an historic overhaul of the financial industry for reformers demanding accountability for Wall Street. Two: Of Wall Street lobbyists pleased that they managed to kill the biggest game-changers in reformers’ playbook...
Experts’ Biggest Fear: New Dodd Bill Won’t Stop Another Meltdown, “Epidemic” of Wall Street Fraud

Experts’ Biggest Fear: New Dodd Bill Won’t Stop Another Meltdown, “Epidemic” of Wall Street Fraud

On top of that, the compromised agency's actions are subjected to a veto by a "systemic risk" council made up of the same federal regulatory agencies that ignored the bubbles, scams and frauds that caused the last meltdown. As the advocacy group Consumer Watchdog's Washington Director Carmen Balber remarked, "You can't pull an agency's teeth, and let other regulators tie its hands, and still call it an independent champion for consumers."
Chrysler does the right thing

Chrysler does the right thing

It's not every day that one of the world's biggest automakers voluntarity agrees to greater legal accountability to injured consumers. But that's exactly what Chrysler did this week.