September 5, 2008
GENTLEMEN:
THESE PRODUCTS WERE DEVELOPED BY THE LIFE INSURANCE INDUSTRY.... THEY SHOULD STAY WITHIN THE LIFE INSURANCE INDUSTRY AS A FIXED ANNUITY.
JUST BECAUSE SOME UN-INFORMED AGENTS OR DIS-HONEST AGENTS MIS-SOLD THESE POLICIES TO SOME PEOPLE.....IS NO REASON THAT IT SHOULD BE AN SEC PRODUCTS. GOD KNOWS HOW MANY DIS-HONEST STOCKBROKERS YOU HAVE IN YOUR FILES AND ARCHIVES......MORE THAN ENOUGH TO CHOKE ALL THE ELEPHANTS IN AFRICA....I IMAGINE!!!!!!
THERFEORE......I STRONGLY SAY.....LEAVE THESE PRODUCTS WITH US IN THE LIFE INSURANCE INDUSTRY.....JUST BECAUSE STOCKBROKERS HAVE NO GUARANTEED PRINCIPAL INVESTMENTS AND HAVE BEEN LOSING PEOPLE'S MONIES FOR DECADES......YOU DO NOT HAVE TO STEAL THESE PRODUCTS FROM THE LIFE INSURANCE INDUSTRY.
AS THE ENGLISH WOULD SAY......."BUGGER OFF".....AND THAT IS PUTTING IT MILDLY.....OR AS CHRIS ROCK, THE BLACK COMEDIAN WOULD SAY..... (DEFINITELY UN-PRINTABLE)!!!!
FK ALBUERO III, GENERAL AGENT