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Old 12-12-2008, 10:41   #16
NitroNutter
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Join Date: Feb 2004
Location: <-- Not All there ? Knock Knock
Services: You cannot afford me!!!
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Re: Fat cat lawyers ?

It was the same for the endowment claims, they charged 30% or so to send out a form for submittal, maybe write a couple of letters and get paid usually in the 1000's which rarely cost more than £100 to actually claim, all for a self creating legal argument as the biggest reason for a claim was the lack of disclosure at the point of endowment sale of penalties incurred by the endowment company that would affect the policy, which each and every claim amounted to being. This led to a quick death of the endowment tied to mortgage scheme from the 80's so subsequently a distinct lacking in investment in this area exacerbating the potential shortfalls even further.

Again the winners were the solicitor firms, the losers were Joe public. To all intense and purposes this sort of thing demonstrates exactly whats wrong with society today, why ganglords are taking over the streets and recruiting youth of varying ages at a very fast rate and it really does not matter what ideaology is behind it, money talks morals and respectability walks, and is especially so in an anarchistic style marketplace.
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