The Dizzying Student Loan Game

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The Feds claim that the nation’s largest student loan servicer gave rushed and costly advice. Questions: 1. What is the amount or size of the U.S. government’s student loan program in dollars? 2. What is Navient? 3. How would you describe the structure of Student loan servicing? 4. What are some of the claims about… Read more »

All I got was a Plaque!

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In April 1967, hamburger lovers in Uniontown, Pa., south of Pittsburgh, met a newer, bigger burger. Introduced by a local McDonald’s, it was called the Big Mac, and for 45 cents it delivered, as a 1970s jingle would have it, “two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame-seed bun.” Questions: 1…. Read more »

How much are you worth?

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According to the Washington Post, white and male victims often receive larger awards than people of color and women in similar cases, based on the Post’s research of more than two dozen lawyers and forensic economists, who make the calculations. Questions: 1. What are the two tenets of the American justice system discussed in this… Read more »

Sweet Dreams and Watch Out for those False Medical Claims!

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If you have been up late watching TV, you might have seen the Infomercial for a Minnesota company that sells My Pillow, a patented open-cell, poly-foam design created by inventor Michael J. Lindell. This staple of late-night TV infomercials has sold about 18 million pillows since 2005. However, a recent lawsuit successfully argued My Pillow… Read more »

Lions Hunting Zebras! Oh MY!

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According to the New York Times, Wells Fargo would like to close the chapter on the sham account scandal, saying it has changed its policies, replaced its chief executive and refunded $2.6 million to customers. However, lawmakers and regulators say they will not let it go that quickly. Questions: 1. Who were the customers that… Read more »

Cell Phone Worries

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According to the Washington Post, Samsung is suspending production of its Galaxy Note 7 replacement phones after more reports of fires in South Korea and the United States. Questions: 1. According to the article, what major U.S. carriers are suspending sales or exchanges of the troubled device? 2. How many fires have been reported so… Read more »

Is this Fair?

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Since 2014, a Michigan law has limited Tesla Motors’ capacity to sell in the state, after the Republican-led legislature implemented a statute that banned the company’s only method of selling its cars to consumers. Questions: 1. What are the four states that Tesla has been shut out of? 2. Where did Tesla win its most… Read more »

Mylan Settles with the Government

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According to the New York Times, Mylan, the maker of the allergy treatment EpiPen, said Friday that it had reached a $465 million settlement with the Justice Department and other government agencies over questions on whether the company had overcharged Medicaid for the treatment by improperly classifying it as a generic drug. Questions: 1. What… Read more »

$12 per hour Employees fight back!

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Two former Wells Fargo & Co employees have filed a class action in California seeking $2.6 billion or more for workers who tried to meet aggressive sales quotas without engaging in fraud and were later demoted, forced to resign or fired. Questions: 1. Over what period of employment will the class action lawsuit cover? 2…. Read more »

Deutsche Bank Shares Drop

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Deutsche Bank’s shares hit a record low, but Germany’s largest lender said there is no reason to get the German government’s help in settling claims of $14 billion with the U.S. Justice Department (DoJ). Questions: 1. What is the record low price of shares of Deutsche Bank? 2. What is a summary of the lender’s… Read more »