CEO’s Who Lay Off Workers Get Paid More
September 1, 2010
Welcome to the new corporate America. Workers get the squeeze, while CEO’s take what they please. Chief Executive Officers who cut the most jobs during the recession earned significantly more than their peers, according to a study just released by the Institute for Policy Studies. The report highlights the great unfairness of the Great Recession. Click here to learn more.
401K Hardship Withdrawals A Disturbing Trend
August 23, 2010
With desperate times come desperate measures. More Americans than ever are tapping into their retirement nest eggs for monetary relief. Hardship withdrawals have hit a 10 year high, but dipping into your 401k early has severe financial penalties. ABC News reports on this risky fiscal trend. Click here for more.
Foreclosure Help Not Forgotten
August 9, 2010
The Consumer Warning Network has been hard at work over the past year uncovering the truth behind the ‘foreclosure help myth’ that lenders pose to struggling homeowners across the nation. We told you about the Foreclosure Help Run-around with a homeowner in South Florida and the frustrated couple asking “Why won’t my mortgage company help?” There maybe some hope for people facing foreclosure despite Homeowners Trapped in Unworkable Work-outs. CBS news affiliate WTSP in Tampa, FL reports on the growing home loan modification workshops that help bridge the gap between homeowner and lender. Click here for more.
Beware Of Dirty Swimming Pools This Summer
July 30, 2010
A dip in your local swimming pool to beat the heat may be hazardous to your health. The Center for Disease Control says the major source of stomach bug outbreaks comes from germ infested pools across the nation. Click here to see this ABC News investigation of the hidden dangers of your community watering hole.
Lost Bag Lawsuit
July 23, 2010
Frustrated airline travelers fed up with excessive fees, delays and restrictions found a touch of satisfaction from a woman in Washington State. She filed a lawsuit against American Airlines for losing her luggage and then refusing to refund her baggage fee. Click here to watch this report by KOMO TV, the ABC affiliate in Seattle.
No New Jobs Despite Soaring Profits
July 23, 2010
Profits are up for corporate America, especially at several leading tech companies. Unfortunately, that good news is not translating into new jobs. Wouldn’t it be nice if they’d spread the wealth and actually hire a few new employees? Click here to watch this report by Anthony Mason at CBS News.
Signs of Stimulus Waste
July 16, 2010
It’s nice to see our stimulus dollars at work, right? Well, maybe not. In this report from ABC News, Jonathan Karl reports on what looks more like a SIGN of waste, than true stimulus. Click here to watch the report.
The Unsettling Credit Card Debt Scam
July 8, 2010
Visit msnbc.com for breaking news, world news, and news about the economy
You’ve seen the slick commercials on television, the promise of reducing your financial debt with a simple phone call. Debt settlement companies emerged in droves from the recent financial crisis to prey on desperate consumers looking for a quick solution. But instead of “guaranteed” financial freedom, most customers were strapped with high upfront fees and little debt reduction. NBC’s Senior Investigative Correspondent Lisa Myers investigated.
Click here to see her report on the unsettling claims of debt relief companies.
Consumer Warning about iTunes
July 6, 2010
Beware if you’re an iTunes customer. Hackers have been targeting iTunes accounts, breaking in, and racking up charges for unknowing users. Worst of all, the hi-tech thieves manage to change your password, so you can’t get in to your own account. Award winning Consumer Reporter Jackie Callaway at the ABC station in Tampa investigated and produced this terrific story alerting the public. Click here to watch and read more.
iPhone 4 Receives Mixed Reception
July 1, 2010
Less than a week after launch, Apple’s fourth generation smartphone has received mixed reception… not just for it’s new design but for it’s ability to receive a solid cellular signal. After all of the anxious waiting, some love it, some don’t. From launch day many users have noticed erratic signal strength, dropped calls and slow cellular data response depending on how and with which hand the new iPhone 4 is held. Tech blogs have dubbed it the “Death Grip,” referring to how tightly a user holds the iPhone 4 in hand. Apple says “just avoid holding it that way.” Click here to watch a CNN report. Read more


