Former FDIC Head Sheila Bair on the CFPB

Bair has a new book out, and so has been the subject of some media attention.  CNN/Money interviewed her and among the questions was an exchange about the CFPB.  Her reply:  I support the Bureau, and I also strongly endorse it in the book.  And I think they’re doing a good job.  I am, if […]

Advocacy Group Releases Film Saying That Recent Supreme Court Decisions Are Anti-Consumer

As explained in this article by Todd Ruger, the "liberal public interest group [Alliance for Justice] in Washington released a new documentary Monday that focuses on three Supreme Court rulings that the group says has favored big businesses at the expense of consumers and victims of discrimination." Click here or on the video embedded below […]

Paper on the Oldest Financial Institution

Paige Marta Skiba of Vanderbilt, Marieke Bos of Stockholm University – Swedish Institute for Social Research and Susan Carter of the United States Military Academy have written The Pawn Industry and Its Customers: The United States and Europe.  Here's the abstract: As humankind’s oldest financial institution, pawnbroking has served the financial needs of low-income families […]

Minnesota BC/BS’s Anti-Obesity Campaign

Sarah Kliff has penned this story about a controversial anti-obesity campaign run by Minnesota Blue Cross/Blue Shield. It includes this ad and this ad,both embedded below, about families that cannot stop eating, even though the parents appear to realize that the family culture that they are bestowing on their kids may be deadly.     […]

District Court in Kansas Rejects Class-Action Cy Pres Because It Doesn’t Identify Recipients

In this decision issued on September 28, 2012, U.S. district judge Kathryn Vratil gave preliminary approval to most aspects of a complex class-action settlement but rejected a settlement provision that would have granted leftover settlement funds to unnamed governments or charities. By refusing to name the potential cy pres recipients, the court held, there was no […]