September 8, 2008
Of all things the SEC now wants to be a watchdog for the insurance industrys products.I absolutely love your audicity.This is the same regulatory body that gave us the BEAR STERNS FIASCO.Also the subprime mortgage mess as well as the crooks running the Hedge Funds.The same body that doesnt have a clue how to tell when they are being smoked by the banking and financial institutions.
All the garbage that goes on with the SEC and nobody ever goes to jail.This is like putting the fox in charge of the hen house.How you people continue to exist is a real mystery.But I say more power to you.This is something akin to a REVERSE MORTGAGE only it is a REVERSE ROBIN HOOD.
"STEAL FROM EVERYONE AND GIVE IT TO THE RICH".Only since it is called "regulated" you wont even need a gun and a mask.