The CPSC has issued a warning about Carter’s “tagless” clothes causing rashes. The warning was made on Oct 24, Consumerist first told you about it on September 5th. Carter’s tagless clothes’ claim to fame is that instead of an irritating flappy label, they use a flat label embedded in these clothes. It’s this very label that’s causing the rashes. The warning only applies to the Carter’s Fall 2007 line which has a raised surface with a solid, instead of a stenciled, background.
The Dow is down over 800 points, and the day isn’t even over. This beats last week’s all-time record of 777 points. A global credit crisis is in full swing, with versions of what just decimated Wall Street repeating itself across Europe as governments swoop in with bailouts of high-profile banks. Verily, blood is in the streets. Hm, what’s that old saw? Oh. Right. Buy when there’s blood in the streets.
The Federal Reserve Bank of New York will lend AIG $85 billion. Explaining the breathtaking move the Fed said, “a disorderly failure of A.I.G. could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth and materially weaker economic performance.” They’re not just dumping out the public purse on the counter, though. FBNY will take a 79.9% stake in the company, the collateralized loan is for two years, and is expected to be paid off by selling off assets. NYT writes, “the bailout is likely to prove controversial, because it effectively puts taxpayer money at risk while protecting bad investments made by A.I.G. and other institutions does business with.” You can say that again.
Parents are complaining online that Carter’s line of “tagless” baby clothes could be responsible for causing rashes and sores on babies. Instead of a traditional tag on the inside back of the shirt, a “tagless” has a solid silk-screen flat label. Carter’s is said to be aware of the problem and that it’s limited to their Fall 2007 line of tagless infant clothing. One blogger described the effect the shirt had on her daughter, writing, “Her back will turn very red and start oozing right where the tag (stamp) is in the back, the rash will appear as the exact size and shape of the stamp. The redness will then spread out from there.” Googling “carters tagless” reveals a number of parents complaining about the same issue. I smell class action lawsuit.
Duhn duhn da duhn! Envelope please… yes, America has voted and… the Worst Company in America award goes to…. Countrywide Home Loans (now owned by Bank of America)! The final vote was…
Have you been the victim of a scam? Or had someone try to scam you? I’m working on a Reader’s Digest article scams and am looking for some anecdotes about specific “ripped from the headline” type scams. The scams and national trends I’m looking at are posted inside. If your story fits the trend but not necessarily the exact scam, I want to hear from you too. If you have a good story and are willing to have your picture published, please send a note with your contact info to firstname.lastname@example.org, subject: Scam Tales.
It’s time to get some fresh slaves in here. Ideal candidates for email internsare college student who, in order of decreasing importance: