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November 17, 2010

Qualified Settlement Funds and Factoring: Battle Hymn Of The Non Sequitur

by Structured Settlement Watchdog

Well I have debriefed one of the NASP Las Vegas 2010 attendees about the rest of the NASP panel that Pete Vodola and I missed Friday after we left to catch flights home.

My source tells me that the members of NASP just want to see more structured settlements being written. Easy enough to understand...there needs to be a rainy season and some sunshine before "the harvest".

Which brings me to my point about the relevance of Qualified Settlement Funds and an audience of factoring companies and intermediaries. Where is the link?

Given that the SSP and Co. have not been able to get a result on the single claimant QSF issue before Treasury and the IRS, what makes their "thought leaders" believe that NASP is a warm audience and that they have pull with the former?

Perhaps this can best be covered in a song (to the tune of the first two stanzas of "Battle Hymn of The Republic" 

 

Mine eyes have seen Dick Risk as a QSF Trustee

Patrick Hindert and Dick-ie  puffing chests so merrily

What the F*** has QSF got to do with NASP?

They keep On Marching On!

 

Glory Glory Non Se-quitur

Boring Boring Boring Non Se-quitur

Glory Glory Non Se-quitur

They Just Keep Droning On

The irony that the SSP was borne of a "civil" war within the structured settlement industry is not lost on this author.

 

 

Posted at 07:51 PM in Patrick Hindert, Qualified Settlement Fund, Richard B. Risk, Jr. | Commentary About Dick Risk and his Positions, Structured Settlement Factoring, Structured Settlement Humor, Structured Settlement Songs and Poetry |

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