| Volume 38 Number 5 |
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The People’s Lawyer’s Tip of the Day
Homeowner's insurance covers much more than you might think. But insurance is a contract and you must read it carefully. Was your laptop stolen out of your car? Read you policy, you may be covered for this loss. Click here for more.
DTV: Two More Days
In two days, the digital television transition will be complete. Visit the official government website for reception maps, troubleshooting guides, statistics, toolkits, and more. Click here for more.
TARP Payment - Will Credit Open Up?
Some banks have started paying back TARP funds. Although one might initially assume this indicates a future release in credit, it does not. Five of the firms paying back loans aren't consumer banks. Half of the banks paying back loans are either investment firms or asset managers. As a result, it's unlikely to see consumer lending increase dramatically. When can you expect the credit market to open up? Click here for more.
Mattel to Pay for Lead Toys
Mattel and its Fisher-Price unit will pay a $2.3 million civil penalty for allegations the company knowingly imported and sold toys that violated the federal lead paint limit. In 2007, Mattel recalled approximately one million toys, resulting in an investigation by the Consumer Product Safety Commission. What does this settlement mean for consumers? Click here for more.
Chrysler-Fiat Deal on Hold
After a group of pension funds brought a challenge of the Chrysler-Fiat deal to the Supreme Court, Justice Ruth Bader Ginsburg issued a temporary stay so the Court can consider creditors objections. The deal must be completed by June 15. Will Chrysler still make it out of bankruptcy? Click here for more.
Your Money
What's it worth to reduce my spending? Click here for more.
For the Lawyers
Justices rule in recusal case. The Supreme Court has held that the Due Process Clause requires an elected judge to recuse himself from a case involving a campaign donor where there is a likely potential for bias. Click here for more.