All Topics

• FDA to Bayer: Quit Overstating the Efficacy of Yaz and Misleading Consumers

  Paul Kiesel | October 14, 2009 8:17 PM | 0 CommentsLos Angeles, CA

  Below is the beginning of a letter, written in late-2008, to the President & Chief Executive Officer of Bayer, Reinhard Franzen, from the FDA. It warns Bayer that its TV ads for Yaz are...

• FDA: Peanut Butter's Long Shelf Life a Problem

  Paul Kiesel | February 09, 2009 6:58 PM | 0 CommentsLos Angeles, CA

  The FDA is concerned that the Peanut Butter problem stemming from the unsanitary conditions at Peanut Corp. of America will continue for a while. I expect this outbreak to go on for a long time...

• KV Pharmaceutical and Ethex Corporation: We've Got an Oversized Pill Problem

  Paul Kiesel | January 07, 2009 9:53 PM | 0 CommentsLos Angeles, CA

  Two days before Christmas, KV Pharmaceutical Co. lost half its value in New York trading after the drugmaker, announcing a fourth recall of medicines that may contain excess doses, stopped shipping...

• Renters Caught in Foreclosure Trap While Federal Government Idly Watches

  Paul Kiesel | October 16, 2008 8:51 PM | 0 CommentsLos Angeles, CA

  Below is an interesting Associated Press story from today on the effects the mortgage crisis has had on renters. I wrote a blog about this back in May which portends the severity of this situation...

• Metrolink Engineer Sent Text Message Seconds Before Crash

  Paul Kiesel | October 01, 2008 4:47 PM | 0 CommentsLos Angeles, CA

  From NBC News: The engineer of a Metrolink commuter train sent a text message 22 seconds before the collision with a freight train in Los Angeles last month that killed 25 people, federal...

• Loan Modification and Foreclosure Mitigation Efforts in the Bailout Bill

  Paul Kiesel | September 29, 2008 8:04 PM | 1 CommentLos Angeles, CA

  A key provision added to the bailout bill by Democrats last week, and a provision that likely dissuaded about two-thirds of House Republicans from voting "Aye" on the failed bill today, deals with...

• Fed's New Truth in Lending Rules Not Being Followed, Real Estate Appraisers Still Inflating Values

  Paul Kiesel | August 25, 2008 2:40 PM | 0 CommentsLos Angeles, CA

  The Los Angeles Times reported Sunday that real estate evaluations are still being inflated, despite federal housing legislation that was signed last month tightening appraisal standards that comply...

• Connecticut Attorney General: Countrywide Conned Customers into Loans

  Paul Kiesel | August 06, 2008 2:53 PM | 0 CommentsLos Angeles, CA

  Another state is accusing Countrywide Financial of mortgage fraud. Connecticut joined California, Florida and Illinois among the states that have sued Countrywide, which was responsible for one in...

• Bush Makes Fun of Housing Crisis: 'Wall Street Got Drunk'

  Paul Kiesel | July 23, 2008 4:30 AM | 1 CommentLos Angeles, CA

  Last week, at a Houston fundraiser for Republican congressional candidate Pete Olson, President Bush asked for the TV cameras in the room to be shut off. Unaware that iPhones exist, and that someone could be recording him with such a device, he then proceeded to do a two-minute standup act that one might find David Letterman or Jay Leno doing during their opening monologues. Unfortunately, and in bad taste, Bush chose to make fun of the housing crisis, which can be viewed on YouTube, Facebook and ABC News.

• CA Consumers May Sue Grocery Stores to Enforce State Labeling Laws

  Shehnaz Bhujwala | February 19, 2008 11:19 AM | 0 CommentsLos Angeles, CA

  Last week, California's Supreme Court unanimously ruled that a federal food labeling law does not preclude California citizens from using state consumer laws to enforce an identical state labeling law. The High Court's ruling means consumers may sue grocery store chains to enforce a state law requiring labeling of dyes added to farm-raised salmon.Do you recall a time in the not-too distant past...