Elizabethan Drama

Clarification Appended: June 30, 2011 Here’s some good news for consumers who feel themselves trampled by soulless banking and credit giants: on July 21, a new consumer-protection agency will open its doors in Washington, with the mission of making everything from mortgage documents to credit statements fairer and easier to understand and generally giving the little guy more power against the financial corporate juggernauts. Here’s the bad news: it’s not clear that President Obama will be able to appoint anyone to run it

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Schapiro, Bair, Warren: Female Sheriffs of Wall Street

A few weeks back, at an event to celebrate the role of women in finance, Treasury Secretary Timothy Geithner tried to get things started with a joke. He said he had recently come across a headline that asked, “What If Women Ran Wall Street?” “Now that’s an excellent question, but it’s kind of a low bar,” Geithner continued, deadpan amid rising laughter

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Heavy Metal

Over the past six years, The Consumer Product Safety Commission has recalled more than 180 million pieces of metal jewelry that contained dangerous levels of lead, and in August 2009 it lowered the acceptable amount of lead in children’s jewelry to 300 parts per million . But the progress in regulating lead appears to have propelled manufacturers to use another toxic metal, cadmium

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Vitaminwater Lawsuit: Is Sugar Content Misleading?

Over the past few years, an increasing number of worn-out consumers have reached for a bottle of Vitaminwater after a workout. The sports drink has emerged as a serious competitor to Gatorade and other noncarbonated beverages, so much so that Coca-Cola forked over $4.2 billion in cash to buy the brand from Glaceau back in 2007

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