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August 2013
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October 2013

September 2013

Former securities regulators now helping companies negotiate new mortgage rules, while subprime lenders are back in business after crash

My last post describes how five disgraced Wall Street bankers, who are largely responsible for the Great Recession, are living lives of “quiet luxury.” An article by The Center for Public Integrity describes how the five enjoy their mansions and playing golf, skiing, and tennis. One hires players to help... Read more →

Former Wall Street chiefs living in ‘quiet luxury’ after Great Recession, while consumers continue to struggle

As a consumer journalist, I post articles frequently about government actions against banks and those that caused the Great Recession. I was dismayed to read a Huffington Post article about how five top Wall Street bankers who were largely responsible for the disaster are now juggling their free time between... Read more →

Midlife, brain changes, life’s lessons, cars, and credit reports are the topics for this week’s Best of Boomer Blogs

I’m the host for this week’s Best of Boomer Blogs #324. The boomer blog roundup is a collection of like-minded blogs cooperating to share their best stories of interest to the Baby Boomer Generation. As the kids go back to school and we expect to be seeing those fall leaves... Read more →

Recall of the Week: Target two-bulb floor lamps due to fire and shock hazard

Target is recalling about 25,000 white two-bulb floor lamps in the United States and 540 in Canada. The lamp can short when a standard one-way bulb is fully tightened in the lamp’s three-way socket, posing a fire and shock hazard to consumers, said the company and the U.S. Consumer Product... Read more →

Federal agency warns companies they must investigate consumer credit report disputes

The Consumer Financial Protection Bureau is putting creditors and other companies that supply information to consumer reporting companies on notice that they need to improve their practices. The companies, called furnishers, investigate consumer disputes forwarded by the consumer reporting companies. If consumers have errors in their credit reports, they can... Read more →

Environmental group says EPA withdrew two draft rules on toxic chemicals, including BPA, because Obama administration blocked action

On Friday, the U.S. Environmental Protection Agency withdrew two proposed rules on toxic chemicals. One would have designated three classes of chemicals – bisphenol A or BPA, a category of phthalates, and a category of polybrominated diphenyl ethers or PBDEs – as “chemicals of concern.” With this listing, EPA could... Read more →

FTC settles with company that sells home security video cameras connected to the Internet after hackers post hundreds of camera feeds online

A company that markets video cameras designed to allow consumers to monitor their homes remotely has settled Federal Trade Commission charges that its lax security practices exposed the private lives of hundreds of consumers to public viewing on the Internet. The charges The FTC’s lawsuit alleges that TRENDnet marketed its... Read more →

Plavix use beyond one year after stent implementation brings significant danger, but no benefit, consumer group says

Photo: Trounce The U.S. Food and Drug Administration should warn patients and doctors that taking the widely prescribed drug Plavix or clopidogrel for more than a year after having a drug-eluting stent implanted can lead to major bleeding, which can kill, Public Citizen said in a petition to the agency.... Read more →

This week, baby boomer bloggers are writing about finance, food, relationships, retirement, and brain health

Laura Lee Carter of Midlife Crisis Queen is the host of this week’s Best of Boomer Blogs #323. The boomer blog roundup is a collection of like-minded blogs cooperating to share their best stories of interest to the Baby Boomer Generation. As we put Labor Day behind us and the... Read more →