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Wisconsin Wit

Sunday, December 16, 2012

Waiting for your Libor refund?

As a consumer, you may be waiting for a refund for the overcharging for the interest rate misstatement in your mortgage or refinancing during the past ten year---relax....ever since 1980's it has been the practice of governmental entities to extort penalties out of private enterprise for violations and then forget the victims,....namely the citizens...so for all of you folks that were victims of overcharging due to the LIBOR scandal, please do not get excited that you will be reimbursed for your pain....only the government will rejoice in the settlement....ditto for the victims of the similac incident in Minnesota---that goes back to the 1980's and I and other parents are still waiting...

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