tag:blogger.com,1999:blog-84628732011-12-26T02:21:44.215-08:00ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.comBlogger71100tag:blogger.com,1999:blog-8462873.post-1098738351437945682004-10-25T14:04:00.000-07:002004-10-25T14:09:00.506-07:00

THEY'LL WISH THEY WERE IN DIXIE Instead, Delta's headed for a touchdown in bankruptcy court. The nation's #3 carrier is expected to make it official this week. It will join US Airways and United, who are not having a nice day as they fret about what their final destination may be. Plucky Independence Air is also flying on fumes and its bankruptcy ETA is somewhere around January. Tough times

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com149tag:blogger.com,1999:blog-8462873.post-1098112763198822922004-10-18T08:14:00.000-07:002004-10-18T08:19:51.116-07:00

SPITZER SINKS TEETH INTO INSURERS New York Attorney General Eliot Spitzer, the pit bull of law enforcement, has clamped down on Marsh & McLennan, the nation's leading insurance brokerage. Two of the firm's top executives have pleaded guilty to criminal charges and are likely to put Spitzer on the scent of many more juicy morsels. "Trust me, this is day one," said Spitzer. Wall Street swooned at

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com1tag:blogger.com,1999:blog-8462873.post-1097517291303327072004-10-11T10:54:00.000-07:002004-10-11T11:08:11.786-07:00

VEXED BY VIOXX It's a wonder we still put such faith in supposed wonder drugs. A few days ago, Merck's Vioxx was a wildly popular pain killer. Today, it's withdrawn from the market and researchers say "tens of thousands" of patients may have suffered heart attacks or strokes as a result of taking Vioxx. Aren't there alternative drugs? Yes but researchers warn that other so-called COX-2 drugs,

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com1tag:blogger.com,1999:blog-8462873.post-1097013820643230852004-10-04T15:03:00.000-07:002004-10-11T11:04:41.793-07:00

NEITHER VERITY NORVERGENCE The NorVergence story is straight out of the Sopranos songbook. From its base in Newark, NorVergence went around the country promising small businesses they could save big bucks on their telephone and Internet costs. It signed them up for the service and for a long-term lease on a piece of equipment called the "Matrix," the magic box that would supposedly produce the

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com5tag:blogger.com,1999:blog-8462873.post-1096255511789626642004-09-27T20:24:00.000-07:002004-10-11T11:00:06.513-07:00

THE COMPTROLLER IS NOT AMUSED Bankers aren't afraid of much but they do tend to perk up when the Comptroller of the Currency speaks. No, the comptroller doesn't count the pennies pouring out of the mint; he regulates national banks. And he doesn't like what he's been seeing -- federally-chartered banks pulling such no-class tricks as jacking up interest rates without warning, falsely promising

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com3tag:blogger.com,1999:blog-8462873.post-1096072102392453572004-09-20T17:03:00.000-07:002004-09-24T20:05:52.650-07:00

AMERIDEBT RUNNING QUITE A TAB The Internal Revenue Service has presented AmeriDebt with what's popularly called a "gimme." It's for $15 million, which is bad enough, but to make matters worse, the claim is based on the IRS' expectation that AmeriDebt will lose its tax-exempt status. AmeriDebt must be way over its credit limit by now -- it also faces potentially huge damages from suits filed by

ConsumerAffairs.Comhttp://www.blogger.com/profile/11785594351368775649noreply@blogger.com3tag:blogger.com,1999:blog-8462873.post-1096080747358735402004-09-13T19:45:00.000-07:002004-09-24T20:06:34.480-07:00

US AIRWAYS BANKRUPT ... AGAIN To no one's surprise, US Airways filed for bankruptcy yesterday, for the second time in three years. Among those left holding the tab are U.S. taxpayers, who partly funded the carrier's first emergence from bankruptcy. What about travelers? US Air will continue to operate for now, so there's no reason to cancel existing reservations and no reason to avoid the

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