Word: consumerized
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"Xanadu is the epic discretionary story," says Davidowitz. "It's the epicenter of 'not needed.' How can you have this when the consumer is completely decimated? It's already one of the world's biggest nightmares."
GM and Chrysler, given the need for federal assistance, have kept a low profile in the fight over the California rules, and are still hoping that the Obama Administration won't grant California the waiver. In a show of Detroit's political savvy, the Big Three have also outsourced much...
Well ha, Mr. Consumer, I love to say, I freakin’ told you so! If you had just taken out a loan that was more reasonable and saved your money and were more patient, then maybe, just MAYBE, you wouldn’t be living off Top Ramen. And...
The individual health-care consumer has very little power or information. Still, it turns out that there are ways to fight back. As I was reporting my brother's story, I discovered something about Pat's former insurance company: last May, insurance regulators in Connecticut imposed a record $2.1 million...
So I contacted the Texas Department of Insurance, identifying myself as both the sister of an aggrieved policyholder and a journalist. Officials there suggested that Pat file a complaint against the company. Each year the department receives as many as 11,000 complaints and manages to get $12 million to...