The same process that allowed a bankrupt General Motors to work its way back (with the help of several billion dollars from taxpayers) to being a viable business is, six years later, helping to shield the company from potentially billions of dollars in damages from class action fraud lawsuits involving the long-ignored ignition defect that claimed the lives of at least 84 people. [More]
protection money
Firefighters Watch Another House Burn To The Ground Because Of Unpaid $75 Fee
By 12.6.11
In October 2010, firefighters in South Fulton, TN, were criticized all across the country after they refused to put out a fire because the homeowner hadn’t paid a $75 “fire subscription fee” to the city. If you thought such public scrutiny might have changed that policy, think again. [More]
AT&T To Launch Subscription Security Service For Mobile Customers
By 5.16.11
With more and more people downloading more and more data on their mobile devices, the risk of a security breach becomes more likely. Thus, AT&T has announced it will begin offering a security service — for a price — aimed at preventing such hacks. [More]
