Litigation

"Influence" for "Flatulence"

By John Darer

For someone who is "beyond structured settlements" one wonders why have these two big news stories escaped Patrick Hindert.  How about the JG Wentworth "army" getting smaller and the SEC 151A changes which could soon change how settlement planners do business. Add to that the blase and tardy reporting without meaningful comment of the JG Wentworth downgrade by S&P to junk status at CCC+.

It has been an interesting 10 days to say the least and Hindert's "flagship" the JG Wentworth-1 sits there like a monotonous TV test pattern.

In a month Patrick Hindert will address the NSSTA at its Regional meeting in Orlando. Not only is it an affront to all NSSTA members that the structured settlement industry's Nathan Hale is being invited to speak, but I have been hearing from a number of like minded individuals who are seriously considering not coming to the event as a result of his inclusion. The "cash now pushers'" poorly disguised mole seems to buying an awful lot of "influence" for his (literary) "flatulence"  and $250.

Full post as published by Structured Settlements 4Real on December 20, 2008 (boomark / email).