Mark Wahlstrom, Settlement Consultant

Links: www.thesettlementchannel.com

www.SpeakingofSettlements.com

Email: Mark@legalbroadcastnetwork.com

Phone: 480-314-4910

The founder of The Legal Broadcast Network and host of Speaking of Settlements, the nation's leading talk show and discussion forum for legal, financial and settlement professionals to talk about the issues involved in managing, litigating and ultimately resolving litigation or settlements. A 30-year professional with a reputation for honest and opinionated commentary and a dedication to the cause of justice and plaintiffs access to the courts, each week his show brings the leading experts in the world of structured settlements, tax law, technology and trial practice. You can find out more about Mark Wahlstrom by going to his blog at www.thesettlementchannel.com

In part two of their three part conversation on the settlement profession, Mark Wahlstrom and Randy Dyer discuss the potential and promise of the non-qualified annuity market, why life markets are so reluctant to invest in that area and the fear of marketing that seems to grip so many structured settlement professionals.

This on going series of conversations is a feature of Speaking of Settlements, the nations leading broadcast discussing structured settlements and is featured exclusively on The Legal Broadcast Network.

Randy Dyer, former executive vice president of NSSTA and industry expert on structured settlements joins Mark Wahlstrom on this weeks Speaking of Settlements. Mark and Randy discuss the recent slump in structured settlement premium, the political implications of the 2008 elections on litigation and claims as well as the future of the structured settlement industry and profession.

The FBI Broadens The Investigation of Scott Rothstein Structured Settlement Fraud

In yet more bad news for the structured settlement profession the FBI today put out an announcement for information from the public and investors who had been burned or involved with what they are calling the Rothstein Structure Settlement Investments. (RSSI). Scott Rothstein

Great, just what we needed as a profession, more traffic and news with our trade name dragged into what looks to be a growing fraud in which the term Structured Settlements was used to lull investors into thinking this scam had the legitimacy and security offered by structured settlements.

You can read the entire FBI press release by clicking here.

What is also distressing is that what looked to be a $100 million scam and limited to a few cases is now being announced by the FBI as potentially exceeding $1 billion in losses and involving a network of individuals who were working with Scott Rothstein.

The Legal Broadcast Network will be following this story closely over the next few week but as a special guest we had Civil Action Attorney Jan Schlichtmann join us today to discuss from the perspective of a trial lawyer the distressing trend of lawyers being implicated in not just frauds, but in the betrayal of their clients and associates all in the name of greed. Watch today's extended interview with Jan Schlichtmann on Voices of the Law and tune in next week as we continue to bring in more commentators and news on this scam, as well as shine light on the "cash now" industry that seems to have been the model for how this program was designed.

Watch Attorney Jan Schlichtmann discuss the Scott Rothstein fraud and the issues confronting trial lawyers nationally regarding the proliferation of "cash now schemes" that are being offered to lawyers, plaintiffs and investors with little or no regulation or oversight.

Rothstein Case Is Not About Structured Settlements

Structured settlement experts Mark Wahlstrom and John Darer discuss the recent headlines of Attorney Scott Rothstein who appears to be at the center of another major financial fraud.

The reason we are addressing this is that the press has unfortunately started to use the term Structured Settlements to describe the legal finance and loan operation that was being run as an apparent Ponzi scheme by Rothstein. To mix up this term with what was being done to plaintiffs and investors is a huge mistake and one that is discussed by two of the structuredsettlement professions leading commentators.