Detailed text transcripts for TV channel - MSNBC - 20150826:03:33:00
There are lead paint lawsuit settlements, many are structured settlements, agreements delivered monthly payments across decades to protect vulnerable recipients from immediately spending the money. unfortunately, that has spawned a highly aggressive largely unregulated secondary market in which companies come in to buy the rights to those years and years of payments for a lump sum -- a lump sum far less than the value of those payments, no matter how you slice it. here's a classic example from the present day value of that is $338,000. still a huge amount of money.