Financial Malpractice — Major shareholders, unions and businesses have sued – why not you?
Posted Under: Business
Financial Malpractice — Major shareholders, unions and businesses have sued – why not you?
Published on August 21, 2009
by Media Office
BELLEVILLE, WI
Dr. Dan Budenz
The Arrogant, Omnipotent and Defiant posture still recognizable in ‘Modern Medicine’ (Doctors are Gods) continues to provide good income for many Lawyers. Modern Medicine is constantly on guard and retains their own seasoned Lawyers in defense. Ultimately the American Public pays for it all.
The biggest price Americans pay is Death. Physicians teamed up with Hospital’s admit to killing about 200,000 citizen’s a year (and I wager at least that amount are terminated on an outpatient basis with misdiagnosis, poor judgment and over use and bad monitoring of prescription medication.
I have practiced three decades – mostly in hospital settings. My staff and I treated impaired physicians, other hospital staff and their family members. We were usually the primary choice of these professionals.
‘Modern Medicine’ still continues to get away with murder as noted above and harms individuals and families more than the average citizen wants to know; (Family Cure Secrets # 1. Always get a second opinion #2. Avoid taking medications wherever possible and get off them ASAP).
Medical Malpractice may have to share the litigation stage someday with Banking Malpractice. Modern Banking like Modern Medicine is a killer. Banks are hurting and murdering the average citizen’s wealth on a scale similar to Modern Medicine’s human carnage.
“We are seeing the tip of the iceberg,” according to Norman C. Cummins senior member of one of Central Florida’s most knowledgeable and prestigious Law firms gearing up to increase litigation with Modern Banking. “Banks should have a moral obligation to help and represent their customers – they don’t. We plan to increase litigation against Bad Financial Planning and Bad Banking from 10% today to 30% within the next year. The average consumer needs someone on his or her side and we certainly plan to help. Banks were bailed out and they are still opening up all over but no one is in charge with any decision-making ability. Communication is very difficult and often times the left hand doesn’t know what the right hand is doing. They are in terrible disarray. It is like talking to a bunch of distracted kids!”
Attorney Cummins is proud to be working in the same office with daughter Attorney Kristin Cummins Nailos and her husband Heath B. Nailos. “There is nothing like working with family,” smiles Attorney Cummins.
Attorney Wade Boyette cautions consumers “against using fly by night companies that ultimately won’t help and may cost more than a licensed and regulated attorney. An August 5 2009 article in the “News Leader” of Clermont recognizing Wade’s work and his office noted, “in Lake County alone there have been 758 foreclosures in the past 7 days and over 2000 filed within the past 30 days.”
Way up north in Madison Wisconsin Attorney Mark Hazelbaker of Hazelbaker and Associates concurs with his southern counterparts. “The harm to families and small businesses by financial services may be worse than the damage from Medical Malpractice. “We are increasing our availability to protect the banking customers who are harmed by the total lack of due diligence and non-caring unprofessionalism,” contributes Attorney Hazelbaker. ”Many Banks are using FDIC regulations to avoid helping customers, calling in lines and piling on fees and accelerated loans they see possibly profitable to them but will ultimately harm the customer and the banks themselves.”
Since many banks lack the morals or just plain common sense to provide good customer service, I propose legislature mandating that Banks first attempt to reasonably negotiate with all property owners to retain their homes or commercial properties wherever possible. If a property needs to be taken back the Banks should be forced to adhere to a program I would name “Take the keys stupid!” Any borrower at any time can hand the keys over to the bank or mortgage holder at any time and walk away from the deal unencumbered with all their credit in good standing. It is insane to rush to ruin a customers credit, good name and business so needlessly. Increasing litigation may also assist the return of competitiveness and good customer representation eventually.
Instead, when Banks have a customer with a complaint or hardship the family or business is turned over to the debt collectors. When banks treat their customers to their debt collectors, customer service goes right out the door and an army of angry litigants is unleashed. The way it works now, the customer is bullied and then rushed to credit ruin and foreclosure.
Then the Bank has the audacity to expect to receive the property in good shape months or years after starting the degrading often-unnecessary foreclosure process. Our system is politicized to favor Banks over families and small businesses.
Banks should be forced to truly compete rather than be constantly rescued. I recommend eliminating as many middlemen as possible. Reform Fannie and Freddie to be consumer friendly not banking friendly.
Pass legislation that Banks can establish mortgage rates only as high as two points above their actual average savings deposit offering rates. Therefore, they can offer mortgage rates of 5% only if their average savings payout is 3%. Banks can sell mortgages on a secondary market but must service and retain at least 20% risk of all residential and commercial loans they make. Until some sanity returns to the Industry, expect growing litigation. Financial Malpractice is now competing with Medical Malpractice. Major shareholders, Unions and Businesses have sued – why not you?
Daniel T Budenz, Ph D. is a Consumer Advocate fighting for “Family Cures” tm and is President of American Family Institute and it’s growing online products and rehabilitation services. He was the Administrative Director at Saint John’s Hospital and Health Center in Santa Monica California and put himself and all clinical staff through the Professional in Residency Program at the Betty Ford Center. He now resides in Madison Wisconsin and Orlando Florida. Dr. Dan has been partner/owner of Mental Health and Addiction Treatment Centers including a Specialty Hospital for Impaired Physicians and Professionals in Madison with De Paul Hospital. He is specializing in DVD and Movie Production projects. He is finishing the first volume of what may be the first never ending book “Analyzing Monsters” – “Family Cures” including his role in the Drew Peterson Case and others. For information on Volume One and other products visit on his website – www.drdancelebrityshrink.com
