| Volume 30 Number 5 |
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The People’s Lawyer’s Tip of the Day
Don't let anyone steal your identity when they go "pfishing". Pfishing is when an identity thief sends you a fake notice that looks like it's from a bank, creditor, credit card company or PayPal, telling you there is a problem with your account and to reply. Never reply to any email asking for personal information. If you think it is a real request, call the creditor to confirm it.
U.S. Treasury Actively Looking to Invest in Banks
For the past month, troubled banks have been hording cash trying to avoid getting caught in the credit squeeze. As a result, consumers have experienced trouble getting loans and using credit. Now, the Treasury Department is looking to purchase stakes in some of the nations leading banks. How will U.S. involvement help the situation? Click here for more.
Potentially Defective Tire Valve Ignites Safety Concerns
It all started with some fatal roll-over crashes. After years of investigation, the National Highway Traffic Safety Administration pointed to suspected defective tire valves imported by Dill Air Controls Products. Driving on under-inflated tires can lead to tire damage and eventual tire blow out. The NHTSA thinks some specific valves might be the reason for the low tire pressure. How do you determine if your valve is affected? Click here for more.
AIG Requests More Money
Initially, AIG needed $85 billion in help. Now, three weeks later, they need another $37.8 billion to help gain access to much-needed cash. After an extravagant vacation for executives in California, consumers are asking - "Why?" Click here for more.
Your Money
Have you ever considered a Certificate of Deposit (CD)? Wonder how much you could make by investing in CDs? Use this calculator to find out how much you can make! Click here for more.
For the Lawyers
Website owner's removal arbitration clause is binding, even absent acknowledgement. A U.S. district court in Maryland has held that a Web site operator that removed an arbitration clause from its terms of service may not compel arbitration by arguing the removal was invalid because users never acknowledged it. Click here for more.