Media Coverage

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Apr 20, 2009

''Practices of Credit Card Companies Under Scrutiny''

"Executives of the nation's largest credit-card companies will meet with President Barack Obama at the White House on Thursday to discuss growing concerns about questionable practices in the industry."

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Source: The Miami Herald

Mar 31, 2009

''Congress Considers Limits on Credit Card Companies''

"Democrats in Congress are taking a swipe at credit card issuers and their increasingly creative reasons for raising fees on strapped consumers, sparking a well-financed duel over how to crack down on alleged abuses."

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Source: Philadelphia Inquirer

Mar 31, 2009

''The Moment for Credit Card Reform''

"We all know what an uphill battle reforming abusive credit card practices has been. As a twenty-five year veteran of that fight, I know it as well as anyone. But this morning, the Senate took a big step up that mountain."

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Source: Huffington Post

Mar 31, 2009

''New Study Cites 'unfair and deceptive' Credit Card Practices''

"A new report from the Pew Charitable Trusts details the extent of some of the “unfair and deceptive practices” by credit card companies."

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Source: The Washington Post

Mar 25, 2009

''New program encourages low-income L.A. residents to open bank accounts''

"Nearly 300,000 Los Angeles households do not have a bank account, more than in any other U.S. city, Mayor Antonio Villaraigosa acknowledged at a news briefing Tuesday."

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Source: Los Angeles Times

Jan 9, 2009

''Practical Benefits Drawing Bankers to Unbanked Effort''

"When San Francisco was establishing a program three years ago to move unbanked consumers into the financial mainstream, banks and credit unions signed on because "it was a good political opportunity to generate good will," said Matt Fellowes."

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Source: American Banker

Dec 19, 2008

Report Faults U.S. Strategy for Nanotoxicology Research

The U.S. government lacks an effective plan for ensuring the safety of nanotechnology, a new report by the National Research Council (NRC) concludes. The report, released last week, finds that the current plan for coordinating federal research on environmental, health, and safety (EHS) risks of nanotechnology amounts to an ad hoc collection of research priorities from the 25 federal agencies that make up the U.S. National Nanotechnology Initiative (NNI), which coordinates federal nanotech programs. What's needed, it argues, are an overall vision and a plan for how to get there and to come up with the money to do so.

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Source: Science Magazine

Dec 10, 2008

''More Nano Research Needed''

"The government needs a more comprehensive plan for studying the risks of nanotechnology, the National Research Council said Wednesday. While the committee that prepared the report did not evaluate the safety of nanomaterials, it was critical

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Dec 1, 2008

''Life As We Don't Know It''

 If you think of life on Earth as a magnificent incarnation of natural technology, then life has the classic double-edged character of all powerful technologies. This technology has produced a wondrous diversity of beings displaying a gorgeous marriage of form and function on hierarchical levels that span the range from cells to rain forests and beyond. Yet it also has created pathogens that indifferently kill millions of people each year, ecological disasters that wipe out species, and intelligent beings that deliberately perpetrate catastrophes on similar scales.

 

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Source: Chemical & Engineering News

Nov 7, 2008

''Check Cashers, Redeemed''

"Twenty or thirty years ago, traditional financial institutions fled neighborhoods like Watts, and guys like Tom Nix, co-founder of the biggest chain of check cashers and payday lenders in Southern California, rushed into the vacuum."

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Source: The New York Times Magazine

Oct 15, 2008

''Getting Workers on Track to Invest Early and Often''

As traditional pensions fade from the retirement landscape and workers are forced to take a lot more responsibility for their own financial futures, employers are rolling out a variety of features to help workers prepare for retirement.

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Source: The Washington Post

Sep 24, 2008

''Senate OKs Foster Care Reform; Bush to Get Bill''

 Michigan's foster children may get three more years of help from the federal government -- to age 21 -- and aunts, uncles, grandparents and other relative caregivers may be in line, too, for some financial aid.

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Source: Detroit Free Press

Sep 14, 2008

Scientists Call for Nanotechnology Oversight; Ultra-tiny Particles Carry Little-known Risks, Experts Say

Scientists are urging U.S. regulators to regularly screen the health and environmental effects of tiny engineered particles used in more than 800 consumer products, and step up oversight of the nanotechnology industry.

 

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Source: Delaware Online

Sep 8, 2008

''Targeting the Masses''

There's no shortage of retirement-savings services for the affluent. But for those who fall in the middle of the wage scale or lower, it's a different story.

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Source: The Wall Street Journal

Sep 1, 2008

''Tracking 'fringe banking'''

"The alternative financial services (AFS) industry has attracted a lot of attention lately. Virtually nonexistent in this country 20 years ago, it has grown into a $100 billion business."

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Source: fedgazette, The Federal Reserve Bank of Minneapolis