November 22, 2009

Consumer News

GM to Spend Bailout Money Overseas?
U.S. operations received $50 billion in taxpayer funds -- and now may send million of dollars overseas

Health Care Reform Likely to Include More Taxes for Many Americans
Despite vow from Obama, middle-class Americans could see higher taxes

From Books to Business: Student Entrepreneurs
Inspired by Facebook's success, college students are eager to start their own businesses

WNY Progresses on Milken City Ranking
Buffalo and Rochester made significant leaps in the Milken Institute's annual "Best-Performing Cities Index".

'Frustrated': AIG's CEO on Obama Pay Limits
Executive pay slashed at firms that received government bailout; CEO objects but won't quit.

Bear Stearns Execs Acquitted in N.Y. Fraud Trial
A year after financial collapse, two hedge fund managers beat counts of fraud, conspiracy

Not so Big and Bad: Health Insurance Profits Not so Outrageous After All
Amid calls for health care reform, analysts say insurance companies shouldn't be villified

New Ways to Steal Music
MP3's are being replaced by formats with better sound quality

Community Banks Say 'No' to TARP
Small businesses need lines of customers, not lines of credit, say bankers

Ford Announces Airbags for Backseat Passengers
The airbags will appear first in the company's next general Ford Explorer - Due out in about one year