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: Structured Settlements 4Real"Stone Street Capital puts structured settlement OWNERS' rights first" - PHIL
By John Darer
For those who can't see past the Teletubby liked mascot, perhaps this will open your eyes...
Some dude named Phil has posted the following on the cash now pusher run Stone Street Blog today:
"Stone Street Capital puts structured settlement owners? rights first - We?ve lobbied to change restrictive laws and open up new financial alternatives for annuity owners".Inasmuch as most structured settlements are owned by qualified assignees (corporations) this clearly qualifies as a WTF moment.
Who could imagine such an exhibition of financial illiteracy would "impress" those with structured settlement payment rights who want to feed from the cash now pusher's trough. How did this slip by Patty Laborde?
Someone needs to slap Phil silly for this Structured Settlements 101 mistake.
Full post as published by Structured Settlements 4Real on August 07, 2009 (boomark / email).
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