| Volume 34 Number 9 |
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The People’s Lawyer’s Tip of the Day
Never give your social security number to someone you do not know. Identity theft requires a social security number. Protect yours. Click here for more.
US Sues UBS Over Secret Accounts
The U.S. Government sued Switzerland's largest bank, UBS, to force the company to disclose information regarding secret accounts previously withheld from the IRS. It is estimated that 52,000 U.S. citizens maintained accounts, totaling over $15 billion dollars. UBS has promised to release some information regarding the secret accounts. Are UBS consumers in trouble? Click here for more.
Deflation Warnings Ring Louder
Economists are preparing the new year-over-year analysis of the consumer price index ("CPI"), and the news isn't good. For the first time since 1955, the CPI dropped. At first glace, it might seen like a good thing. After all, consumers will be able to purchase goods at a cheaper price. However, a year-over-year deflation is arguably the most destructive force that can hit an economy. Will the trend continue? Click here for more.
Chrysler's Strategic Plan
Chrysler and GM recently submitted their revitalization plans to congress. While the companies continue to seek money to turn business around, they were forced to develop a plan after taking a "bailout" in December. In this article, Consumer Reports analyzes Chrysler's "leap of faith" plan. Click here for more.
Your Money
Will you save by refinancing your mortgage? Click here for more.
For the Lawyers
Federal law preempts defective defibrillator suit. The Wisconsin Supreme Court has held that federal law preempts state product liability claims alleging defects in a heart defibrillator that was implanted in the plaintiff. Click here for more.