Better late than never, Patrick Hindert has surfaced from the anti-climax of the Deal Flow Media structured settlement "non event", to pen a cynical and exhaustive list of questions following the December 4th announcement of the Executive Life of NY (ELNY) resolution by Governor of New York, Eliot Spitzer.
Not surprisingly National Structured Setttlement Trade Association and Society of Settlement Planners member Hindert has raised numerous questions arising out of his support for the factoring industry (NSSTA Board and membership take note)
Factoring related questions asked by Hindert
A number of Hindert’s questions are the apparent result of shoddy research. Had Hindert read Structured Settlements 4Real’s December 4, 2007 post on the Executive Life of New York resolution he would have noticed the links to contemporaneously written January 1992 articles, obtained from the New York Times archive. These articles describe the role of Metropolitan Life in the ELNY crisis at that time and specifically detail the number of structured settlements involved. Unless his memory fails him, is there any excuse for ignorance or inaccuracy from someone who lived the ELNY crisis when it was happening? Unless… the omission was intentional. Hindert uses the opportunity to shill his co-written text "Structured Settlements and Periodic Payment Judgments" at $249 a clip.
In the opinion of this author Hindert missed several questions.
- How many structured settlement annuities did Patrick HIndert or his former company, Benefit Designs, Inc. place with Executive Life and Executive Life of NY?
- How many of THOSE structured settlement annuities were assigned?
- If any were not assigned, why not?
- What lessons did Patrick Hindert learn from Executive Life and ELNY?
- Why won’t Hindert filter blog spam without prompting? It’s like a mother having to keep on reminding her child to flush the toilet AND
- Who does Patrick Hindert work for**?
** speakers on
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