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Welcome to the inevitable result of financial deregulation. The people who run Yellowstone should never have been allowed near other people's money ever again.
by notacoward 8y ago
Welcome to the inevitable result of financial deregulation. The people who run Yellowstone should never have been allowed near other people's money ever again. There should not be a loophole treating something that's obviously alone as though it weren't. Such high interest rates should be illegal (and are for things legally recognized as loans). Clerks should not be allowed to rubber-stamp an unverified creditor's statement as legal fact, without giving the other party any notification let alone a chance to challenge those so-called facts. Other states, and banks in other states, should not accept such blatantly corrupt behavior.
A whole lot of people - not just the principals but also the legislators, judges, clerks, and bankers who enable them - should spend the rest of their lives in jail for this.
- ben509 8y ago> Welcome to the inevitable result of financial deregulation. Courts in NY are executing these blatantly unfair contracts, after other courts all over the country decided they were blatantly unfair, and you're blaming deregulation?