Consumer Watchdog News
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With a record 720 dissenting opinions to his credit, former Supreme Court Justice John Paul Stevens joked that he should be given “a lifetime failure award.”
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Until April 2011, Patrick “Pete” Dodd, a former money manager at Liberty Life Insurance Co. in Greenville, South Carolina, invested customer premiums in what he calls a “squeaky clean” portfolio: bonds backed by state governments and blue chip corporations.
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A three-year effort to fine-tune curbs on volatility for individual stocks entered a new phase yesterday in the U.S.
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U.K. financial regulation fees will rise 15 percent to 646.3 million pounds ($990 million) this year after the Financial Services Authority was split into two agencies.
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A public interest group won the right to oppose a $22.5 million consumer lawsuit settlement between the U.S. Federal Trade Commission and Google Inc. over a privacy breach of Apple Inc.’s Safari browser.
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Exelon Corp. left the U.S. Chamber of Commerce in 2009 over the group’s opposition to a climate- change bill, declaring the “carbon-based free lunch” was over.
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U.S. regulators should reject AT&T Inc.’s proposed $39 billion purchase of T-Mobile USA Inc. because it will lead to higher prices for consumers, the public- interest group Consumer Watchdog said.
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A federal judge said she may approve Google Inc.’s $22.5 million agreement with the U.S. Federal Trade Commission over claims the company improperly planted cookies on Apple Inc.’s Safari Internet browser.
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Google Inc.’s $22.5 million agreement with the U.S. Federal Trade Commission to settle claims the company improperly planted cookies on Apple Inc.’s Safari Internet browser was approved by a federal judge.
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It is painfully obvious that the 2008 financial crisis would have been a lot less severe had consumers been better educated about the debts they were taking on.
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