Financial Information
Max Keiser collection agency theft of bank account 401K scam brokerage fraud harry winston
collection agency stealing bank accounts, 401K pensions robbery, mutual fund industry, lookback trade, brokerage frauds, sales of jack daniels are up, robbery of harry winston jeweler, recorded on December 6th 2008
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#2 written by femmepen 1 year ago
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#4 written by lostfan70 1 year ago
well sorry to say the lower middle class with children walk a fine line paying bills monthly and a loss of a job or car repairs etc can send you into a spiral that you cant come out of. All im say collection companys should be able to purchase bad accts for pennys on the dollar but SHOULD NOT be able to access interest and late fees to force a person into slavery and bankruptcy. just my two cents.
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#5 written by lostfan70 1 year ago
put in $30 gives you some harassing calls files the paperwork and makes a exuberant profit and theres nothing you can do or the bank can do because theres a legal judgement against your account. and when your account is gone the will levy your payroll check and garnish your wages at 25% and confiscate any tax return you have coming back to you with interest and late fees. Quite the racket if you ask me. The rich prick would say hey just pay your bills and dont buy anything you dont need.
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#6 written by lostfan70 1 year ago
what happens is the cc company sells it to a collecion agency for pennys on the dollar probably in this instance $30 and the collection agency sits on it letting it ripen with interest and late fees until it was up to $2000.00 then if you have a funded bank account they go to court to get a judgement against your account which the bank is forced to comply with. They confiscate your money at more than 10 times what you originally owed with no legal recourse. so the collection co.
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#7 written by lostfan70 1 year ago
speaking from experience the bank is not a fault in these collection instances. believe its not my motive to defend the bank but in these collection cases its the collection agencies are the new mafia. for my own stupid reasons i let a credit card go to collecions that i had $200 on go into collections.
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#11 written by Spurgeon123 1 year ago
Lets put things in perspective, America had a good run and we all enjoyed its excesses but it was never designed to last because of one extreme flaw that the forefathers overlooked, that would be the absolute truth that all men are absolutely evil. When the laws of the land protect its criminals and there is no fear of justice, then you have America 2008.
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#12 written by mannytwoshoes 1 year ago
Many fallacies and mistakes in your statement: I didn’t enjoy any excesses. Speak for yourself, sir. Secondly, of course people are not evil – Western Civ and “capitalism”, however, rewards the morally corrupt and ethically bankrupt (the crocodilians), so they rise to positions of power, where they perpetrate.
The failure is due to faulty underlying principles, some of which are a system built on growth and conquest (the Star Trek principle). This is cancerous and of course unsustainable.
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#13 written by ngonea 1 year ago
Spurgeon123 – what are you smoking? The founding fathers were slave holders, then
the genocide of the indigenous ppl, then the
14th amendment extended “slavery to the whole populace, we all enjoyed it my ass, The constituion was writen by rich white men with property prestige, and power, did not even include their wives. -
#14 written by Ooloosoon 1 year ago
…Genetic research into the “American Indians” has shown that they decend from 5 family groups the…OLDEST…of those groups is the so called Factor X DNA line and that line is a EUROPEAN CAUCASIAN DNA LINE.
So the…REAL…Indigenous people are the peoples of Western Europe (Factor X is found in the Basque,Irish,Scottish,Norse people).
…So it was the “evil” Asians who came from across the sea and KILLED the REAL FIRST AMERICANS that was the REAL GENOCIDE OF THE FIRST AMERICANS
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#16 written by rpbajb 1 year ago
Let me get this straight.
You don’t advocate holding a gun, but when a crisis occurs, you intend to trade cartridges (not bullets) with people who need them, and obviously DO hold guns. This may work once or twice, but eventually you will encounter a dishonest person who will simply take your asset by force.
I don’t think you’ve thought this through.
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#24 written by rushin2 1 year ago
“Money” is DEBT in America. So these idiots are stealing assets that are actual debt. Think about it for a moment…
These 401k’s are worthless anyways… The work hours, skills that were traded for it are NOT…
What is the point of “pre-tax” contributions when these porfolios crash left and right. And than there is a 20% tax after you qualify to withdraw… And than there is an INFLATION tax…
What’s the point in 401k’s anyways? NONE! It’s a scam.
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I’m telling you what, if my bank grants a collection agency the right to raid my bak account, or it’s legal as Max says, I’m going to fucking freak and just might sit-in at the bank. Hey, maybe it will work.