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News Release
3/19/2010
CONTACT CONTACT: Naomi Seligman, 310.392.0522, ext. 318; or Doug Heller, ext. 309
Harvey Rosenfield to Mercury Insurance Chairman: Put Your Mouth Where Your Money Is Santa Monica, CA — The founder of Consumer Watchdog today challenged George Joseph, the founder and chair of Mercury Insurance, to show up to a legislative hearing in Sacramento to publicly defend his ballot initiative, Proposition 17. Prop 17, which would...
News Release
3/16/2010
CONTACT CONTACT: Carmen Balber, (202) 629-3043
Washington, D.C. -- Consumer Watchdog’s Washington Director, Carmen Balber, made the following comments on consumer protection in financial reform legislation proposed by Senate Banking Committee Chairman Chris Dodd:   “Legislation released by Chairman Dodd on consumer financial protection would hamstring a new consumer regulator...
Blog Post
3/10/2010
Posted by Carmen Balber
When the US Supreme Court decided to allow corporations to spend money directly on campaign advertising, they opened the floodgates to excessive spending by companies to change the outcome of elections. The long-term solution is a change to the Constitution, to declare once and for all that corporations aren't the same as you and me, and shouldn't...
News Release
3/8/2010
CONTACT CONTACT: Jerry Flanagan, (310) 889-4912; or Judy Dugan, (310) 392-0522, ext. 305
Insurers Would Get Tens of Millions of New Customers Under Reform, and Owe Americans a Break from Audacious Rate Spikes By Anthem Blue Cross and Others Washington, DC -- Consumer Watchdog called on President Obama to impose a national freeze on health insurance rates before health reform takes effect to protect consumers from premium hikes like...
News Release
3/2/2010
CONTACT CONTACT: Carmen Balber, (202) 629-3043
Washington, DC – A leaked proposal by Senate Banking Committee Chairman Chris Dodd to give consumer protection authority to the Federal Reserve Board in financial reform legislation would be a total capitulation to Wall Street lobbying, said Consumer Watchdog, and urged Senate committee members to insist on a strong independent consumer...
News Release
2/8/2010
CONTACT CONTACT: Naomi Seligman, 310-392-0522, x318; or Harvey Rosenfield, x303
Mercury Insurance Initiative – Prop 17 – Will Legalize Unlawful Surcharges Uncovered by State Investigators Santa Monica, CA -- Newly released internal government reports show that Mercury Insurance Company, the sponsor of Proposition 17 on California's June ballot, has a history of discrimination against members of the U.S. military,...
News Release
2/8/2010
CONTACT CONTACT: Carmen Balber (202) 629-3043
Calls on Sen. Dodd To Re-Affirm Commitment to Independent Consumer Financial Protection Agency Washington, DC -- Consumer Watchdog called on Senate Banking Committee Chairman Christopher Dodd to re-affirm his commitment to an independent consumer financial regulator today after the nation’s largest bank announced it would not oppose the...
Blog Post
1/21/2010
Posted by Carmen Balber
Consumer Watchdog just finished a big report about all the ways Wall Street is spending money into Congress to neuter financial reform. After all, it was the financial industry that greased the wheels of deregulation in Congress in the decade leading up to the economic meltdown. Now the big banks and Wall Street are sending legions of lobbyists to...
News Release
1/21/2010
CONTACT CONTACT: Carmen Balber, (202) 629-3043
Flood of Dollars Looks Like “Wall Street Buying Votes,” says Watchdog; More Massachusetts-Style Backlash Likely If Consumer Protections Are Dropped Download updated report. Washington, DC – A report released today by Consumer Watchdog on the financial industry’s efforts to neuter the financial reform bill in Congress, and...
News Release
12/17/2009
CONTACT CONTACT: Jerry Flanagan, (310) 889-4912; or Carmen Balber, (202) 629-3043
Washington D.C. -- Key members of the U.S. House of Representatives have sent a warning to Senate and House leaders that the fine print of the Senate health reform bill would strip many states, including California and Maine, of hard-won patient rights and benefit requirements, reported Consumer Watchdog.   The letter, signed by all of the...