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The People’s Lawyer’s Tip of the Day

The Texas Deceptive Trade Practices Act requires full disclosure by sellers. If a seller intentionally withholds material information, he could be responsible for three times the consumer's damages, plus court costs and attorney's fees. Click here for more.

Data Mining Captures Private Data

Ever wonder how companies like Facebook and Google stay free? The answer is data mining. Data mining allows businesses to extract patterns from large data sets in order to turn the data in to an informational advantage. In other words, companies like New York Times, Facebook, and Google are after your personal information. After a number of recent breaches and accidents drew attention to online privacy, lawmakers are considering new mandates aimed at protecting their constituents. Click here for more.

Elizabeth Warren Setting Up Consumer Financial Protection Bureau

Elizabeth Warren has been charged with setting up the Consumer Financial Protection Bureau, a new federal agency aimed at policing credit cards, mortgages, and other financial services. Proponents of the Consumer Financial Protection Bureau say such an agency could have provided a warning before an economic meltdown ever occurred. Although the agency won't be able to exercise rule-making power until July 21, Warren has already been making appointments and meeting with key banking executives. Warren's first goal is to make the "true cost" of financial products easier to understand. Click here for more.

Your Money

How will taxes and inflation affect your savings? Click here for more.

For the Lawyers

Lawyers may advertise past success. The Fifth Circuit held that a state disciplinary rule prohibiting lawyers from advertising their past litigation successes impermissibly infringes on freedom of speech. Click here for more.