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Old 07-15-2009, 06:54 PM
 
1,653 posts, read 1,172,635 times
Reputation: 442

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Of course we don't want any regulation that would hamper them screwing us.

Law.com - Minnesota AG Sues Arbitration Company, Alleging Ties to Collection Industry

The lawsuit, filed in Hennepin County District Court, claims that a group of New York hedge funds managed by Accretive LLC in 2006 and 2007 invested in the arbitration company and also acquired a majority stake in a debt collection agency called Axiant LLC, which acquired the collection operations of the law firm Mann Bracken. Despite these connections, the forum held itself out as "independent and neutral,"
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Old 07-15-2009, 07:07 PM
 
Location: Illinois Delta
5,767 posts, read 5,022,932 times
Reputation: 2063
Quoted from article:
Swanson's office alleged in the lawsuit that the National Arbitration Forum secretly worked alongside creditors, and against consumer interests, in seeking to have mandatory, predispute arbitration clauses inserted in credit agreements signed by consumers and potentially arbitrated by the company.
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Good grief! Surely businesses wouldn't do anything illegal or unethical to their fellow Americans??!! Say it ain't so!
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Old 07-15-2009, 07:53 PM
 
Location: Foot of the Rockies
90,297 posts, read 120,930,380 times
Reputation: 35920
Private enterprise is always better than govt., right?
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Old 07-15-2009, 07:55 PM
 
6,762 posts, read 11,642,287 times
Reputation: 3028
Quote:
Originally Posted by Katiana View Post
Private enterprise is always better than govt., right?
Of course. That is why we have a private entity (the Federal Reserve) controlling our currency without the oversight that Dems always scream other companies should be subject to.
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Old 07-16-2009, 03:46 AM
 
1,653 posts, read 1,172,635 times
Reputation: 442
Quote:
Originally Posted by TXboomerang View Post
Of course. That is why we have a private entity (the Federal Reserve) controlling our currency without the oversight that Dems always scream other companies should be subject to.
The Fed Chair is appointed by the president and confirmed by the congress. He reports twice a year to congress on his policies.

I really believe that if a conservative republican neocons mother was raped and murdered by a corporation, they would come out with a list on why the b....h deserved it.
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Old 07-16-2009, 04:29 AM
 
Location: Unperson Everyman Land
38,650 posts, read 26,428,769 times
Reputation: 12660
Quote:
Originally Posted by jimw144 View Post
Of course we don't want any regulation that would hamper them screwing us.

Law.com - Minnesota AG Sues Arbitration Company, Alleging Ties to Collection Industry

The lawsuit, filed in Hennepin County District Court, claims that a group of New York hedge funds managed by Accretive LLC in 2006 and 2007 invested in the arbitration company and also acquired a majority stake in a debt collection agency called Axiant LLC, which acquired the collection operations of the law firm Mann Bracken. Despite these connections, the forum held itself out as "independent and neutral,"

Sorry, I must have missed the connection to the republican party.

Was there some legislation put forward by republicans that promoted this sort of conflict of interest?
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Old 04-25-2012, 08:45 AM
 
Location: West Coast of Europe
25,947 posts, read 24,782,593 times
Reputation: 9728
Three years later...
http://www.nytimes.com/2012/04/25/bu...tals.html?_r=2
http://www.startribune.com/business/148697255.html

Last edited by Neuling; 04-25-2012 at 09:02 AM..
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Old 04-25-2012, 11:28 AM
 
Location: somewhere in the woods
16,880 posts, read 15,221,410 times
Reputation: 5240
Quote:
Originally Posted by jimw144 View Post
Of course we don't want any regulation that would hamper them screwing us.

Law.com - Minnesota AG Sues Arbitration Company, Alleging Ties to Collection Industry

The lawsuit, filed in Hennepin County District Court, claims that a group of New York hedge funds managed by Accretive LLC in 2006 and 2007 invested in the arbitration company and also acquired a majority stake in a debt collection agency called Axiant LLC, which acquired the collection operations of the law firm Mann Bracken. Despite these connections, the forum held itself out as "independent and neutral,"

liberals are just as bad as conservatives. dont stand on your high horse unless you are willing to talk about the GE debacle and it paying no tax at all, courtesy of the democrat party.
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Old 04-25-2012, 11:32 AM
 
Location: San Antonio
2,953 posts, read 5,303,279 times
Reputation: 1731
We should get used to it. Thanks to Citizen's United, corporations are just one step away from actually writing the laws that govern them and protect actual breathing people.
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Old 04-25-2012, 11:38 AM
 
Location: Texas
14,076 posts, read 20,554,956 times
Reputation: 7807
I don't see a problem with this, as reported.

However, I would point out that it's just ALLEGATIONS at this point, not established fact. How about we wait until a court makes a ruling before heading out on a bashing expedition?
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