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Of money. Do you think pension advances should be regulated like those products for people who really need the money . Some sort of Interest Rate cap . I mean, are we making a mistake by outlawing these as opposed to just making them behave like moral human beings . That would be a good start. I think that the, first of all, you have to distinguish between the payday lenders and the other products, prid tory products out there. What is unique about these pension advance companies, and it was a great surprise to us was that they are much smaller in size. Many of the other predatory lenders are ...

The reason why this is important is because the number one complaint that we received was the failure of vfg and its agents to redisclose the redirect risk. Because its illegal to sign away your pension, they could direct the escrow company, the Pension Company to redirect the funds back to a different account and no longer to that es ko account or if the pensioner got into financial trouble, the pension would get caught up and no longer go to the escrow account. They were no longer getting that monthly return. They were never warned that this was possible. A lot of the investors were Senior C...

Or the person giving up the pension, but on the investor, on the other end of the transaction, so you looked at it as if it were a security, whereas the Consumer Credit Protection Bureau in my state would look at it as a Consumer Loan. My point, however, is this. You were able to close down this bad company in arkansas and protect the people of arkansas from this bad actor, but pointed out, he simply set up shop in another state. Does that mean that we need to have some sort of federal regulation or legislation in this area . Well, i certainly, its very limiting what we can do as a securities ...

But in 2000, Congress Gave wall street an exemption thats turned out to be a very bad idea. Its legalized gambling. It was illegal gambling, and we made it legal gambling. With no regulatory controls. With absolutely no regulatory controls. Zero, as far as i can tell. I mean, it sounds a little like a bookie operation. Yes. [watch ticking] i dont to die. I shouldnt have to die. Helen sharp, suffering from lymphoma, just got the letter that says her county hospital is cutting charity care to Cancer Patients. Its a symptom of the recession Public Hospitals forced to cut Vital Services just when ...

But in 2000, Congress Gave wall street an exemption thats turned out to be a very bad idea. Its legalized gambling. It was illegal gambling, and we made it legal gambling. With no regulatory controls. With absolutely no regulatory controls. Zero, as far as i can tell. I mean, it sounds a little like a bookie operation. Yes. [watch ticking] i dont to die. I shouldnt have to die. Helen sharp, suffering from lymphoma, just got the letter that says her county hospital is cutting charity care to Cancer Patients. Its a symptom of the recession Public Hospitals forced to cut Vital Services just when ...