Litigation

For the first time ever S2KM is framing settlement professionals, including those who are engaged by a plaintiff as "structured settlement agents". He makes a weak link to the laws of agency to support his and his allies' apparent efforts to financially exploit tort victim's fears over AIG, but has selective amnesia about how the structured settlement industry actually runs despite having previously run a general agency himself.

The structured settlement professional may be:

• An employee of a general agency
• An independent contractor who simply uses a master general agency as a conduit through which to place business, but operates in every public aspect as an independent business.

The majority of settlement professionals fall into the independent contractor category. A large number, including this author offer considerable additional services to attorneys and tort victims in addition to structured settlements.

In the last week S2KM (Patrick Hindert's alter ego) has made another unspectacular effort to re-engineer definitions. His credibility already crumbling like  blue cheese on a Cobb salad over trying to pawn off the falalcy that IRC 5891 made factoring legal, Hindert is now attempting to wall off anyone who is associated with AIG, or placed a structured annuity with AIG as "AIG agents". His blanket statement does not discriminate between those that are engaged by the plaintiff or the defense and, in my opinion his actions should be seen as the as an act of an "agent" of a predator of choice

Should a reader be impressed if the quisling Hindert,  a hardly impartial reporter, asks a "cash now pusher" company the question "why AIG structured settlement recipients call factoring companies instead of AIG agents?" and  claims the following "essential" response: "many AIG structured settlement recipients blame their structured settlement advisors and trial attorneys for recommending AIG annuities. The last people they call for advice about AIG annuities are their attorneys and AIG agents"?

The failure of Hindert's " Agents" argument centers on the question of "do you rely on advice from someone who is "essentially" unregulated, does not hold a professional license in your state, who may not even be registered to do business in your state and whose compensation is tied to ripping bloody chunks out of your long term financial security  OR do you seek advice from someone who is licensed, regulated and whose compensation IS NOT tied to such transactions"?