On the Defense of Parasitic Finance

Max Sawicky sawicky at epinet.org
Sat Jan 13 19:25:36 PST 2001


Just thought I'd mention a case I drafted for my judge, Van Jackson v. Check N Go (N.D. Ill. 2000) sticking a payday lender (500+% per annum interest) with a $50m judgment for violating a federal credit disclosure statute. We'll see if the 7th Cir. affirms, but I thought it was slam dunk. --jks

My god, don't you realize you were attacking the whole capitalist system and you couldn't possibly have won. Or if you won, you really lost because you deluded other people into thinking they could win. In other words, you can't win for losing.

mbs



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