Breaking – Santa comes early for the Rigsby sisters!

Last Christmas had to have felt like ashes and switches to the Rigsby sisters.  It appears this year Santa will leave oranges and walnuts for them to share.

Hopefully, there be more but don’t expect anything other than a fair share – Judge Senter doesn’t strike me as the Barbie-dream-house type;  but,  I believe in his commitment to all the justice the law will allow and I believe the Rigsby sisters!

qui tam pro domino rege quam pro se ipso in hac parte sequitur – and we didn’t have to wait until January 16. It’s Christmas!

Nowdy

NOTICE OF THE UNITED STATES’ CONSENT TO DISMISSAL WITHOUT PREJUDICE OF CERTAIN DEFENDANTS Continue reading “Breaking – Santa comes early for the Rigsby sisters!”

Chris Dodd on the Side of the People? No Way Buttercup.

This morning  I happened to see exactly one story on CNN but it was a good one about consumers being raped by the fine print in credit card agreements. Once again some meaningful reforms are stuck in the US Senate, specifically the Finance Committee Chaired by Sen Chris Dodd of Connecticut. IMHO Dodd’s tap dance is worse than Mike Chaney’s and make no mistake ladies and gents, the esteemed Senator has again pissed on the common man’s back claiming rain. CNN has the story:

It arrived in Rich Stevens’ mailbox a few weeks ago: the notice that Citibank had “rate-jacked” the Visa cards belonging to him and his wife.

Some credit card holders have seen their interest rates go up dramatically, a practice called “rate-jacking.”

“In my case, from 9.5 percent to 16.99,” the 54-year-old nurse from the Long Island hamlet of Merrick, New York, told CNN. And his wife’s rate zoomed from 7.95 percent to 16.99 percent, he said.

Stevens said he did not know why the rates had soared; his credit rating is great.

But, like thousands of other credit card customers around the nation, he has been notified his rate is skyrocketing.

“It almost borders on loan-sharking, from my perspective,” he said.

In the blogosphere, writers are livid at the instant rate hikes — called “rate-jacking.” Continue reading “Chris Dodd on the Side of the People? No Way Buttercup.”

If you can’t trust anti-trust, what can you trust?

I’d rather be posting my recipe for Cranberry Daiquiris than tackling anti-trust issues – and probably should do both as there is little entertainment value in the subject.

If you read my earlier post and want more background, I suggest this tag-on of Sop’s from late summer when he stepped in to help me find my way back from an unexpected detour by Road Home.

Although today’s ruling was in federal court; the Katrina insurance antitrust case was filed in State court – and for good reason.  Louisiana has a State anti-trust law, one of the defendants insurers is domiciled in Louisiana, and the alleged price fixing took place in the State.  However, the defendants were successful in their effort to move the case to federal court; and, it appears from the Ex Parte consent motions on the docket, that Buck up Buddy had also been successful in resolving his concerns about Foti’s contracts with private attorneys.

The State’s interest was represented by one of the staff attorneys from the AG’s office, Jane Johnson, who filed a reply memorandum in support of motion to sever as suggested in a related Fifth Circuit ruling on the case now known as Louisiana ex rel Caldwell v Allstate.

The Attorney General proposes what the 5th Circuit ordered, that this Honorable Court decide on the best course of action and is suggesting severing the claim for injunctive relief because 1) that allows more options for this Court in deciding how to proceed, and 2) that is what the Fifth Circuit suggested…

Allstate is only one of the Defendants.  Others insurers named as defendants include State Farm, USAA, Lafayette, Farmers, and Standard Fire.  In addition to the six insurers, there are four other defendants – McKinsey & Company; XACTWAREMarshall & Swift /Beockh, owner of Integriclaim; and Insurance Services Office, Inc – familiar names to SLABBED readers who have followed the scheme. Continue reading “If you can’t trust anti-trust, what can you trust?”