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[music]

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[music]
 

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[music]
[cheering]

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[cheering]
 

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[cheering]
>> Welcome. Welcome. Welcome

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>> Welcome. Welcome. Welcome
 

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>> Welcome. Welcome. Welcome
to Last Week Tonight.

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to Last Week Tonight.
 

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to Last Week Tonight.
I'm John Oliver. Thank you so much for

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I'm John Oliver. Thank you so much for
 

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I'm John Oliver. Thank you so much for
joining us. IT HAS BEEN a busy week. US

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joining us. IT HAS BEEN a busy week. US
 

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joining us. IT HAS BEEN a busy week. US
intelligence showed Iran retains

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intelligence showed Iran retains
 

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intelligence showed Iran retains
substantial missile capabilities. There

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substantial missile capabilities. There
 

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substantial missile capabilities. There
was the magnificent headline,

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was the magnificent headline,
 

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was the magnificent headline,
"Looksmaxing influencer clavicula

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"Looksmaxing influencer clavicula
 

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"Looksmaxing influencer clavicula
reaches deal in alligator shooting

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reaches deal in alligator shooting
 

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reaches deal in alligator shooting
case."

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case."
 

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case."
And in the UK, amid turmoil over the

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And in the UK, amid turmoil over the
 

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And in the UK, amid turmoil over the
future of the Prime Minister, King

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future of the Prime Minister, King
 

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future of the Prime Minister, King
Charles delivered a ceremonial speech

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Charles delivered a ceremonial speech
 

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Charles delivered a ceremonial speech
outlining the government's goals for the

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outlining the government's goals for the
 

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outlining the government's goals for the
coming year, including this. My

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coming year, including this. My
 

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coming year, including this. My
ministers will will also proceed with

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ministers will will also proceed with
 

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ministers will will also proceed with
the introduction of digital ID

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the introduction of digital ID
 

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the introduction of digital ID
that will modernize how citizens

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that will modernize how citizens
 

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that will modernize how citizens
interact with public services.

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interact with public services.
 

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interact with public services.
Incredible. For a message about

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Incredible. For a message about
 

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Incredible. For a message about
modernizing, that is the least modern

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modernizing, that is the least modern
 

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modernizing, that is the least modern
messenger possible. He's like four kinds

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messenger possible. He's like four kinds
 

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messenger possible. He's like four kinds
of cape behind 100 years ago.

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of cape behind 100 years ago.
 

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of cape behind 100 years ago.
And while there are plenty of things

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And while there are plenty of things
 

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And while there are plenty of things
that Charles has the standing to talk

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that Charles has the standing to talk
 

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that Charles has the standing to talk
about, like polo, uh resenting his

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about, like polo, uh resenting his
 

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about, like polo, uh resenting his
mother while also desperately wanting

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mother while also desperately wanting
 

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mother while also desperately wanting
her approval, having dreams of becoming

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her approval, having dreams of becoming
 

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her approval, having dreams of becoming
a tampon, just Google it, digital ID is

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a tampon, just Google it, digital ID is
 

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a tampon, just Google it, digital ID is
not one of them. That man has never been

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not one of them. That man has never been
 

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not one of them. That man has never been
asked for ID in HIS LIFE. HIS FACE IS ON

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asked for ID in HIS LIFE. HIS FACE IS ON
 

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asked for ID in HIS LIFE. HIS FACE IS ON
THE MONEY.

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THE MONEY.
 

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THE MONEY.
MEANWHILE, TRUMP HEADED to China for a

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MEANWHILE, TRUMP HEADED to China for a
 

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MEANWHILE, TRUMP HEADED to China for a
summit with Xi Jinping, which was

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summit with Xi Jinping, which was
 

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summit with Xi Jinping, which was
largely seen as a bust with no major

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largely seen as a bust with no major
 

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largely seen as a bust with no major
announcements. Well, to be fair, almost

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announcements. Well, to be fair, almost
 

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announcements. Well, to be fair, almost
none. Because shortly after Air Force

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none. Because shortly after Air Force
 

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none. Because shortly after Air Force
One left Beijing, Trump posted this

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One left Beijing, Trump posted this
 

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One left Beijing, Trump posted this
image of him and Xi walking, captioned

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image of him and Xi walking, captioned
 

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image of him and Xi walking, captioned
in part, "China has a ballroom, and so

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in part, "China has a ballroom, and so
 

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in part, "China has a ballroom, and so
should the USA."

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should the USA."
 

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should the USA."
It is under construction, ahead of

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It is under construction, ahead of
 

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It is under construction, ahead of
schedule, and will be the finest

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schedule, and will be the finest
 

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schedule, and will be the finest
facility of its kind anywhere in the

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facility of its kind anywhere in the
 

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facility of its kind anywhere in the
USA. Because incredibly, despite

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USA. Because incredibly, despite
 

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USA. Because incredibly, despite
everything going on in the world right

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everything going on in the world right
 

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everything going on in the world right
now, Trump's still relentlessly focused

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now, Trump's still relentlessly focused
 

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now, Trump's still relentlessly focused
on what's been called a sweeping

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on what's been called a sweeping
 

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on what's been called a sweeping
makeover of the White House and

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makeover of the White House and
 

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makeover of the White House and
Washington, D.C. In the past year, he's

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Washington, D.C. In the past year, he's
 

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Washington, D.C. In the past year, he's
installed two massive flagpoles, a

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installed two massive flagpoles, a
 

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installed two massive flagpoles, a
presidential walk of fame outside the

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presidential walk of fame outside the
 

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presidential walk of fame outside the
White House, paved over the Rose Garden,

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White House, paved over the Rose Garden,
 

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White House, paved over the Rose Garden,
and redecorated the Oval Office as if to

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and redecorated the Oval Office as if to
 

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and redecorated the Oval Office as if to
answer the question, what if an ancient

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answer the question, what if an ancient
 

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answer the question, what if an ancient
Egyptian pharaoh owned an Airbnb?

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Egyptian pharaoh owned an Airbnb?
 

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Egyptian pharaoh owned an Airbnb?
And on Monday, he insisted all these

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And on Monday, he insisted all these
 

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And on Monday, he insisted all these
changes were absolutely necessary. This

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changes were absolutely necessary. This
 

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changes were absolutely necessary. This
place was not properly taken care of.

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place was not properly taken care of.
 

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place was not properly taken care of.
I was told by my wife, you have to act

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I was told by my wife, you have to act
 

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I was told by my wife, you have to act
presidential, so don't use foul

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presidential, so don't use foul
 

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presidential, so don't use foul
language. I won't. Therefore, normally I

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language. I won't. Therefore, normally I
 

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language. I won't. Therefore, normally I
would have said it was a but

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would have said it was a but
 

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would have said it was a but
>> [laughter]

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>> [laughter]
 

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>> [laughter]
>> I don't want to say that. Okay, to be

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>> I don't want to say that. Okay, to be
 

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>> I don't want to say that. Okay, to be
clear, Trump's foul language isn't

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clear, Trump's foul language isn't
 

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clear, Trump's foul language isn't
what's been stopping him from being

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what's been stopping him from being
 

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what's been stopping him from being
presidential.

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presidential.
 

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presidential.
Simply not cursing wouldn't make Trump a

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Simply not cursing wouldn't make Trump a
 

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Simply not cursing wouldn't make Trump a
fitting president in the same way that a

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fitting president in the same way that a
 

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fitting president in the same way that a
white coat wouldn't make Gritty a

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white coat wouldn't make Gritty a
 

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white coat wouldn't make Gritty a
practicing oncologist. I guess it would

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practicing oncologist. I guess it would
 

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practicing oncologist. I guess it would
technically help if he had one, but his

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technically help if he had one, but his
 

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technically help if he had one, but his
lack of qualification goes much deeper

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lack of qualification goes much deeper
 

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lack of qualification goes much deeper
than that. But clearly, Trump's most

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than that. But clearly, Trump's most
 

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than that. But clearly, Trump's most
ambitious project is his proposed

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ambitious project is his proposed
 

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ambitious project is his proposed
ballroom, which has spiraled out of

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ballroom, which has spiraled out of
 

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ballroom, which has spiraled out of
control. When it was announced, it was

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control. When it was announced, it was
 

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control. When it was announced, it was
claimed the ballroom would be paid for

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claimed the ballroom would be paid for
 

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claimed the ballroom would be paid for
by President Trump and other patriot

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by President Trump and other patriot
 

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by President Trump and other patriot
donors, and that it would cost

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donors, and that it would cost
 

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donors, and that it would cost
approximately $200 million. Since then,

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approximately $200 million. Since then,
 

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approximately $200 million. Since then,
the projected cost has gone up to $300

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the projected cost has gone up to $300
 

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the projected cost has gone up to $300
million, then $400 million, and last

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million, then $400 million, and last
 

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million, then $400 million, and last
week he argued the only reason the cost

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week he argued the only reason the cost
 

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week he argued the only reason the cost
has changed is because after deep-rooted

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has changed is because after deep-rooted
 

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has changed is because after deep-rooted
studies, the ballroom's approximately

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studies, the ballroom's approximately
 

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studies, the ballroom's approximately
twice the size.

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twice the size.
 

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twice the size.
And when a reporter dared to ask him

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And when a reporter dared to ask him
 

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And when a reporter dared to ask him
about that on Tuesday, he kind of lost

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about that on Tuesday, he kind of lost
 

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about that on Tuesday, he kind of lost
his We have a ballroom that's

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his We have a ballroom that's
 

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his We have a ballroom that's
under budget. It's going up right here.

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under budget. It's going up right here.
 

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under budget. It's going up right here.
I've doubled the size of it because we

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I've doubled the size of it because we
 

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I've doubled the size of it because we
obviously need that. And we're right now

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obviously need that. And we're right now
 

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obviously need that. And we're right now
on budget, under budget, and ahead of

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on budget, under budget, and ahead of
 

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on budget, under budget, and ahead of
schedule.

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schedule.
 

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schedule.
>> has doubled.

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>> has doubled.
 

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>> has doubled.
I doubled the size of it, you dumb

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I doubled the size of it, you dumb
 

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I doubled the size of it, you dumb
person.

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person.
 

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person.
I doubled the size. about Cuba? You are

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I doubled the size. about Cuba? You are
 

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I doubled the size. about Cuba? You are
You not a smart person. Okay. Okay. I

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You not a smart person. Okay. Okay. I
 

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You not a smart person. Okay. Okay. I
know it is not unusual for him to demean

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know it is not unusual for him to demean
 

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know it is not unusual for him to demean
a female journalist, but even by his

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a female journalist, but even by his
 

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a female journalist, but even by his
standards, that was bad.

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standards, that was bad.
 

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standards, that was bad.
The only time it's okay to yell, "You

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The only time it's okay to yell, "You
 

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The only time it's okay to yell, "You
dumb person!" at anyone is, as I think

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dumb person!" at anyone is, as I think
 

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dumb person!" at anyone is, as I think
we all know, if you're watching Jeopardy

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we all know, if you're watching Jeopardy
 

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we all know, if you're watching Jeopardy
and you know the answer, but the

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and you know the answer, but the
 

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and you know the answer, but the
contestants don't. WHO IS EMILY

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contestants don't. WHO IS EMILY
 

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contestants don't. WHO IS EMILY
DICKINSON, YOU IDIOT?

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DICKINSON, YOU IDIOT?
 

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DICKINSON, YOU IDIOT?
>> [cheering]

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>> [cheering]
 

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>> [cheering]
>> 19TH-CENTURY LARGELY UNPUBLISHED FEMALE

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>> 19TH-CENTURY LARGELY UNPUBLISHED FEMALE
 

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>> 19TH-CENTURY LARGELY UNPUBLISHED FEMALE
POET FROM MASSACHUSETTS? WHO IS EMILY

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POET FROM MASSACHUSETTS? WHO IS EMILY
 

231
00:04:17,280 --> 00:04:20,830
POET FROM MASSACHUSETTS? WHO IS EMILY
DICKINSON? YOU'RE NOT A SMART PERSON!

232
00:04:20,830 --> 00:04:20,840
DICKINSON? YOU'RE NOT A SMART PERSON!
 

233
00:04:20,840 --> 00:04:22,990
DICKINSON? YOU'RE NOT A SMART PERSON!
AND LOOK, IT'D BE BAD enough for Trump

234
00:04:22,990 --> 00:04:23,000
AND LOOK, IT'D BE BAD enough for Trump
 

235
00:04:23,000 --> 00:04:24,430
AND LOOK, IT'D BE BAD enough for Trump
to fund this fantasy project with

236
00:04:24,430 --> 00:04:24,440
to fund this fantasy project with
 

237
00:04:24,440 --> 00:04:26,270
to fund this fantasy project with
private money, especially while

238
00:04:26,270 --> 00:04:26,280
private money, especially while
 

239
00:04:26,280 --> 00:04:27,790
private money, especially while
withholding the identities of several

240
00:04:27,790 --> 00:04:27,800
withholding the identities of several
 

241
00:04:27,800 --> 00:04:29,710
withholding the identities of several
donors, including some with business

242
00:04:29,710 --> 00:04:29,720
donors, including some with business
 

243
00:04:29,720 --> 00:04:31,990
donors, including some with business
before the administration, but on top of

244
00:04:31,990 --> 00:04:32,000
before the administration, but on top of
 

245
00:04:32,000 --> 00:04:33,590
before the administration, but on top of
that, it now seems the public might

246
00:04:33,590 --> 00:04:33,600
that, it now seems the public might
 

247
00:04:33,600 --> 00:04:35,070
that, it now seems the public might
actually get stuck with a lot of the

248
00:04:35,070 --> 00:04:35,080
actually get stuck with a lot of the
 

249
00:04:35,080 --> 00:04:36,950
actually get stuck with a lot of the
bill because Senate Republicans are now

250
00:04:36,950 --> 00:04:36,960
bill because Senate Republicans are now
 

251
00:04:36,960 --> 00:04:38,950
bill because Senate Republicans are now
requesting an additional roughly $400

252
00:04:38,950 --> 00:04:38,960
requesting an additional roughly $400
 

253
00:04:38,960 --> 00:04:41,750
requesting an additional roughly $400
million in security funding for the

254
00:04:41,750 --> 00:04:41,760
million in security funding for the
 

255
00:04:41,760 --> 00:04:43,510
million in security funding for the
ballroom, and that is just the beginning

256
00:04:43,510 --> 00:04:43,520
ballroom, and that is just the beginning
 

257
00:04:43,520 --> 00:04:46,110
ballroom, and that is just the beginning
here. Trump also wants to use millions

258
00:04:46,110 --> 00:04:46,120
here. Trump also wants to use millions
 

259
00:04:46,120 --> 00:04:48,230
here. Trump also wants to use millions
to repaint the Eisenhower Executive

260
00:04:48,230 --> 00:04:48,240
to repaint the Eisenhower Executive
 

261
00:04:48,240 --> 00:04:50,909
to repaint the Eisenhower Executive
Office Building white, arguing gray is

262
00:04:50,909 --> 00:04:50,919
Office Building white, arguing gray is
 

263
00:04:50,919 --> 00:04:53,190
Office Building white, arguing gray is
for funerals, which, by the way, it

264
00:04:53,190 --> 00:04:53,200
for funerals, which, by the way, it
 

265
00:04:53,200 --> 00:04:55,550
for funerals, which, by the way, it
famously isn't.

266
00:04:55,550 --> 00:04:55,560
famously isn't.
 

267
00:04:55,560 --> 00:04:57,590
famously isn't.
As we all know, black is for funerals,

268
00:04:57,590 --> 00:04:57,600
As we all know, black is for funerals,
 

269
00:04:57,600 --> 00:04:59,909
As we all know, black is for funerals,
gray is for depressive episodes, and red

270
00:04:59,909 --> 00:04:59,919
gray is for depressive episodes, and red
 

271
00:04:59,919 --> 00:05:01,150
gray is for depressive episodes, and red
is for stealing the attention at your

272
00:05:01,150 --> 00:05:01,160
is for stealing the attention at your
 

273
00:05:01,160 --> 00:05:02,750
is for stealing the attention at your
ex's wedding.

274
00:05:02,750 --> 00:05:02,760
ex's wedding.
 

275
00:05:02,760 --> 00:05:04,750
ex's wedding.
He's also trying to build this 250-foot

276
00:05:04,750 --> 00:05:04,760
He's also trying to build this 250-foot
 

277
00:05:04,760 --> 00:05:06,670
He's also trying to build this 250-foot
monstrosity in the middle of DC and has

278
00:05:06,670 --> 00:05:06,680
monstrosity in the middle of DC and has
 

279
00:05:06,680 --> 00:05:09,270
monstrosity in the middle of DC and has
lately been fixated on revamping the

280
00:05:09,270 --> 00:05:09,280
lately been fixated on revamping the
 

281
00:05:09,280 --> 00:05:10,830
lately been fixated on revamping the
reflecting pool at the Lincoln Memorial,

282
00:05:10,830 --> 00:05:10,840
reflecting pool at the Lincoln Memorial,
 

283
00:05:10,840 --> 00:05:13,630
reflecting pool at the Lincoln Memorial,
a project that he described like this.

284
00:05:13,630 --> 00:05:13,640
a project that he described like this.
 

285
00:05:13,640 --> 00:05:15,190
a project that he described like this.
Here is a picture of it. You probably

286
00:05:15,190 --> 00:05:15,200
Here is a picture of it. You probably
 

287
00:05:15,200 --> 00:05:16,990
Here is a picture of it. You probably
recognize it. Right now, it's got no

288
00:05:16,990 --> 00:05:17,000
recognize it. Right now, it's got no
 

289
00:05:17,000 --> 00:05:19,270
recognize it. Right now, it's got no
water in it because it was in terrible

290
00:05:19,270 --> 00:05:19,280
water in it because it was in terrible
 

291
00:05:19,280 --> 00:05:21,470
water in it because it was in terrible
shape. It was filthy dirty,

292
00:05:21,470 --> 00:05:21,480
shape. It was filthy dirty,
 

293
00:05:21,480 --> 00:05:23,870
shape. It was filthy dirty,
and [music] it leaked like a sieve for

294
00:05:23,870 --> 00:05:23,880
and [music] it leaked like a sieve for
 

295
00:05:23,880 --> 00:05:25,430
and [music] it leaked like a sieve for
many years. I said, "What we're going to

296
00:05:25,430 --> 00:05:25,440
many years. I said, "What we're going to
 

297
00:05:25,440 --> 00:05:27,830
many years. I said, "What we're going to
do is I'm going to call

298
00:05:27,830 --> 00:05:27,840
do is I'm going to call
 

299
00:05:27,840 --> 00:05:30,190
do is I'm going to call
all three of these people that have

300
00:05:30,190 --> 00:05:30,200
all three of these people that have
 

301
00:05:30,200 --> 00:05:32,110
all three of these people that have
worked for me in the past [music] doing

302
00:05:32,110 --> 00:05:32,120
worked for me in the past [music] doing
 

303
00:05:32,120 --> 00:05:33,550
worked for me in the past [music] doing
swimming pools. That's all they can do

304
00:05:33,550 --> 00:05:33,560
swimming pools. That's all they can do
 

305
00:05:33,560 --> 00:05:34,698
swimming pools. That's all they can do
is a swimming pool."

306
00:05:34,698 --> 00:05:34,708
is a swimming pool."
 

307
00:05:34,708 --> 00:05:35,070
is a swimming pool."
>> [laughter]

308
00:05:35,070 --> 00:05:35,080
>> [laughter]
 

309
00:05:35,080 --> 00:05:37,909
>> [laughter]
>> And I said, "Give me a good price.

310
00:05:37,909 --> 00:05:37,919
>> And I said, "Give me a good price.
 

311
00:05:37,919 --> 00:05:39,590
>> And I said, "Give me a good price.
We can do it for

312
00:05:39,590 --> 00:05:39,600
We can do it for
 

313
00:05:39,600 --> 00:05:41,110
We can do it for
maybe a million and a half to $2

314
00:05:41,110 --> 00:05:41,120
maybe a million and a half to $2
 

315
00:05:41,120 --> 00:05:43,390
maybe a million and a half to $2
million. And now we have a nice clean

316
00:05:43,390 --> 00:05:43,400
million. And now we have a nice clean
 

317
00:05:43,400 --> 00:05:44,790
million. And now we have a nice clean
surface

318
00:05:44,790 --> 00:05:44,800
surface
 

319
00:05:44,800 --> 00:05:47,230
surface
on which we're putting

320
00:05:47,230 --> 00:05:47,240
on which we're putting
 

321
00:05:47,240 --> 00:05:51,070
on which we're putting
a industrial grade swimming pool

322
00:05:51,070 --> 00:05:51,080
a industrial grade swimming pool
 

323
00:05:51,080 --> 00:05:52,383
a industrial grade swimming pool
topping.

324
00:05:52,383 --> 00:05:52,393
topping.
 

325
00:05:52,393 --> 00:05:52,870
topping.
>> [laughter]

326
00:05:52,870 --> 00:05:52,880
>> [laughter]
 

327
00:05:52,880 --> 00:05:54,510
>> [laughter]
>> Okay.

328
00:05:54,510 --> 00:05:54,520
>> Okay.
 

329
00:05:54,520 --> 00:05:56,550
>> Okay.
I'm not sure what the stupidest part of

330
00:05:56,550 --> 00:05:56,560
I'm not sure what the stupidest part of
 

331
00:05:56,560 --> 00:05:58,390
I'm not sure what the stupidest part of
that is. He starts by saying, "You

332
00:05:58,390 --> 00:05:58,400
that is. He starts by saying, "You
 

333
00:05:58,400 --> 00:05:59,910
that is. He starts by saying, "You
probably recognize it." about one of the

334
00:05:59,910 --> 00:05:59,920
probably recognize it." about one of the
 

335
00:05:59,920 --> 00:06:02,110
probably recognize it." about one of the
most famous places in the country. Then

336
00:06:02,110 --> 00:06:02,120
most famous places in the country. Then
 

337
00:06:02,120 --> 00:06:03,670
most famous places in the country. Then
we get this unexpectedly correct

338
00:06:03,670 --> 00:06:03,680
we get this unexpectedly correct
 

339
00:06:03,680 --> 00:06:05,310
we get this unexpectedly correct
pronunciation of the word sieve,

340
00:06:05,310 --> 00:06:05,320
pronunciation of the word sieve,
 

341
00:06:05,320 --> 00:06:07,270
pronunciation of the word sieve,
followed by, "I'm going to call three

342
00:06:07,270 --> 00:06:07,280
followed by, "I'm going to call three
 

343
00:06:07,280 --> 00:06:09,550
followed by, "I'm going to call three
guys who I know worked on my swimming

344
00:06:09,550 --> 00:06:09,560
guys who I know worked on my swimming
 

345
00:06:09,560 --> 00:06:10,710
guys who I know worked on my swimming
pools." [laughter]

346
00:06:10,710 --> 00:06:10,720
pools." [laughter]
 

347
00:06:10,720 --> 00:06:12,830
pools." [laughter]
Which, come on, that is not how to fix a

348
00:06:12,830 --> 00:06:12,840
Which, come on, that is not how to fix a
 

349
00:06:12,840 --> 00:06:14,270
Which, come on, that is not how to fix a
national memorial. It sounds more like

350
00:06:14,270 --> 00:06:14,280
national memorial. It sounds more like
 

351
00:06:14,280 --> 00:06:16,150
national memorial. It sounds more like
the start of an incredible post-divorce

352
00:06:16,150 --> 00:06:16,160
the start of an incredible post-divorce
 

353
00:06:16,160 --> 00:06:18,390
the start of an incredible post-divorce
girls weekend for Deborah.

354
00:06:18,390 --> 00:06:18,400
girls weekend for Deborah.
 

355
00:06:18,400 --> 00:06:19,830
girls weekend for Deborah.
Trump seems to be obsessed with the

356
00:06:19,830 --> 00:06:19,840
Trump seems to be obsessed with the
 

357
00:06:19,840 --> 00:06:21,670
Trump seems to be obsessed with the
reflecting pool, posting about it over

358
00:06:21,670 --> 00:06:21,680
reflecting pool, posting about it over
 

359
00:06:21,680 --> 00:06:23,950
reflecting pool, posting about it over
two dozen times, while I will remind you

360
00:06:23,950 --> 00:06:23,960
two dozen times, while I will remind you
 

361
00:06:23,960 --> 00:06:26,470
two dozen times, while I will remind you
this country is at war.

362
00:06:26,470 --> 00:06:26,480
this country is at war.
 

363
00:06:26,480 --> 00:06:28,670
this country is at war.
Sometimes in the form of AI slop like

364
00:06:28,670 --> 00:06:28,680
Sometimes in the form of AI slop like
 

365
00:06:28,680 --> 00:06:30,990
Sometimes in the form of AI slop like
this, depicting Trump, J.D. Vance, and

366
00:06:30,990 --> 00:06:31,000
this, depicting Trump, J.D. Vance, and
 

367
00:06:31,000 --> 00:06:32,550
this, depicting Trump, J.D. Vance, and
some cabinet members floating in it.

368
00:06:32,550 --> 00:06:32,560
some cabinet members floating in it.
 

369
00:06:32,560 --> 00:06:34,590
some cabinet members floating in it.
That is an image in which Trump seems to

370
00:06:34,590 --> 00:06:34,600
That is an image in which Trump seems to
 

371
00:06:34,600 --> 00:06:36,430
That is an image in which Trump seems to
photoshopped his head onto the body of a

372
00:06:36,430 --> 00:06:36,440
photoshopped his head onto the body of a
 

373
00:06:36,440 --> 00:06:39,350
photoshopped his head onto the body of a
man 50 years younger. And yet, J.D.

374
00:06:39,350 --> 00:06:39,360
man 50 years younger. And yet, J.D.
 

375
00:06:39,360 --> 00:06:41,670
man 50 years younger. And yet, J.D.
Vance being invited to a pool party is

376
00:06:41,670 --> 00:06:41,680
Vance being invited to a pool party is
 

377
00:06:41,680 --> 00:06:45,070
Vance being invited to a pool party is
still the least realistic part about it.

378
00:06:45,070 --> 00:06:45,080
still the least realistic part about it.
 

379
00:06:45,080 --> 00:06:45,870
still the least realistic part about it.
And look,

380
00:06:45,870 --> 00:06:45,880
And look,
 

381
00:06:45,880 --> 00:06:47,510
And look,
I'm not saying the reflecting pool

382
00:06:47,510 --> 00:06:47,520
I'm not saying the reflecting pool
 

383
00:06:47,520 --> 00:06:49,350
I'm not saying the reflecting pool
didn't need repairs. It's been an issue

384
00:06:49,350 --> 00:06:49,360
didn't need repairs. It's been an issue
 

385
00:06:49,360 --> 00:06:51,070
didn't need repairs. It's been an issue
for years now, but Trump's plan

386
00:06:51,070 --> 00:06:51,080
for years now, but Trump's plan
 

387
00:06:51,080 --> 00:06:52,430
for years now, but Trump's plan
apparently doesn't address one of the

388
00:06:52,430 --> 00:06:52,440
apparently doesn't address one of the
 

389
00:06:52,440 --> 00:06:54,310
apparently doesn't address one of the
pool's main problems, its faulty

390
00:06:54,310 --> 00:06:54,320
pool's main problems, its faulty
 

391
00:06:54,320 --> 00:06:57,110
pool's main problems, its faulty
plumbing. Also, the $2 million cost that

392
00:06:57,110 --> 00:06:57,120
plumbing. Also, the $2 million cost that
 

393
00:06:57,120 --> 00:06:58,990
plumbing. Also, the $2 million cost that
he's estimated for the project has

394
00:06:58,990 --> 00:06:59,000
he's estimated for the project has
 

395
00:06:59,000 --> 00:07:01,390
he's estimated for the project has
already ballooned to over 13 million,

396
00:07:01,390 --> 00:07:01,400
already ballooned to over 13 million,
 

397
00:07:01,400 --> 00:07:02,550
already ballooned to over 13 million,
and that's not even getting into the

398
00:07:02,550 --> 00:07:02,560
and that's not even getting into the
 

399
00:07:02,560 --> 00:07:03,830
and that's not even getting into the
fact that the company doing the work

400
00:07:03,830 --> 00:07:03,840
fact that the company doing the work
 

401
00:07:03,840 --> 00:07:06,030
fact that the company doing the work
apparently received a no-bid contract.

402
00:07:06,030 --> 00:07:06,040
apparently received a no-bid contract.
 

403
00:07:06,040 --> 00:07:08,230
apparently received a no-bid contract.
And notably, after that story came out,

404
00:07:08,230 --> 00:07:08,240
And notably, after that story came out,
 

405
00:07:08,240 --> 00:07:09,710
And notably, after that story came out,
Trump posted, "I didn't give out the

406
00:07:09,710 --> 00:07:09,720
Trump posted, "I didn't give out the
 

407
00:07:09,720 --> 00:07:11,909
Trump posted, "I didn't give out the
contract. Interior did, to a contractor

408
00:07:11,909 --> 00:07:11,919
contract. Interior did, to a contractor
 

409
00:07:11,919 --> 00:07:13,630
contract. Interior did, to a contractor
I did not know and have never used

410
00:07:13,630 --> 00:07:13,640
I did not know and have never used
 

411
00:07:13,640 --> 00:07:15,630
I did not know and have never used
before." Which is not what YOU JUST SAW

412
00:07:15,630 --> 00:07:15,640
before." Which is not what YOU JUST SAW
 

413
00:07:15,640 --> 00:07:18,670
before." Which is not what YOU JUST SAW
HIM SAY IN HIS OWN STUPID VIDEO.

414
00:07:18,670 --> 00:07:18,680
HIM SAY IN HIS OWN STUPID VIDEO.
 

415
00:07:18,680 --> 00:07:21,030
HIM SAY IN HIS OWN STUPID VIDEO.
As for "Interior did it," when Doug

416
00:07:21,030 --> 00:07:21,040
As for "Interior did it," when Doug
 

417
00:07:21,040 --> 00:07:23,270
As for "Interior did it," when Doug
Burkum, Interior Secretary, was grilled

418
00:07:23,270 --> 00:07:23,280
Burkum, Interior Secretary, was grilled
 

419
00:07:23,280 --> 00:07:25,350
Burkum, Interior Secretary, was grilled
on that contract during a congressional

420
00:07:25,350 --> 00:07:25,360
on that contract during a congressional
 

421
00:07:25,360 --> 00:07:27,190
on that contract during a congressional
hearing, he seemed pretty caught off

422
00:07:27,190 --> 00:07:27,200
hearing, he seemed pretty caught off
 

423
00:07:27,200 --> 00:07:28,310
hearing, he seemed pretty caught off
guard.

424
00:07:28,310 --> 00:07:28,320
guard.
 

425
00:07:28,320 --> 00:07:29,670
guard.
Are you familiar with Atlantic

426
00:07:29,670 --> 00:07:29,680
Are you familiar with Atlantic
 

427
00:07:29,680 --> 00:07:32,590
Are you familiar with Atlantic
Industrial Coatings?

428
00:07:32,590 --> 00:07:32,600
Industrial Coatings?
 

429
00:07:32,600 --> 00:07:33,590
Industrial Coatings?
I

430
00:07:33,590 --> 00:07:33,600
I
 

431
00:07:33,600 --> 00:07:34,830
I
I'm not

432
00:07:34,830 --> 00:07:34,840
I'm not
 

433
00:07:34,840 --> 00:07:35,990
I'm not
familiar with that. I

434
00:07:35,990 --> 00:07:36,000
familiar with that. I
 

435
00:07:36,000 --> 00:07:38,150
familiar with that. I
>> So, Atlantic Industrial Coatings is a

436
00:07:38,150 --> 00:07:38,160
>> So, Atlantic Industrial Coatings is a
 

437
00:07:38,160 --> 00:07:39,390
>> So, Atlantic Industrial Coatings is a
company. Are you familiar with that

438
00:07:39,390 --> 00:07:39,400
company. Are you familiar with that
 

439
00:07:39,400 --> 00:07:39,790
company. Are you familiar with that
company?

440
00:07:39,790 --> 00:07:39,800
company?
 

441
00:07:39,800 --> 00:07:41,909
company?
>> You're saying Atlantic? Atlantic

442
00:07:41,909 --> 00:07:41,919
>> You're saying Atlantic? Atlantic
 

443
00:07:41,919 --> 00:07:43,910
>> You're saying Atlantic? Atlantic
Industrial Coatings

444
00:07:43,910 --> 00:07:43,920
Industrial Coatings
 

445
00:07:43,920 --> 00:07:47,390
Industrial Coatings
is the company that received a no-bid

446
00:07:47,390 --> 00:07:47,400
is the company that received a no-bid
 

447
00:07:47,400 --> 00:07:50,590
is the company that received a no-bid
federal contract for the project at the

448
00:07:50,590 --> 00:07:50,600
federal contract for the project at the
 

449
00:07:50,600 --> 00:07:52,510
federal contract for the project at the
Lincoln Memorial Reflecting Pool. A

450
00:07:52,510 --> 00:07:52,520
Lincoln Memorial Reflecting Pool. A
 

451
00:07:52,520 --> 00:07:54,470
Lincoln Memorial Reflecting Pool. A
no-bid contract is reserved for

452
00:07:54,470 --> 00:07:54,480
no-bid contract is reserved for
 

453
00:07:54,480 --> 00:07:56,790
no-bid contract is reserved for
situations where, quote, any delay would

454
00:07:56,790 --> 00:07:56,800
situations where, quote, any delay would
 

455
00:07:56,800 --> 00:08:00,870
situations where, quote, any delay would
cause serious injury to the government.

456
00:08:00,870 --> 00:08:00,880
cause serious injury to the government.
 

457
00:08:00,880 --> 00:08:02,630
cause serious injury to the government.
W- What is your your proposition is

458
00:08:02,630 --> 00:08:02,640
W- What is your your proposition is
 

459
00:08:02,640 --> 00:08:04,110
W- What is your your proposition is
what? That

460
00:08:04,110 --> 00:08:04,120
what? That
 

461
00:08:04,120 --> 00:08:05,350
what? That
there'd be serious injury to the

462
00:08:05,350 --> 00:08:05,360
there'd be serious injury to the
 

463
00:08:05,360 --> 00:08:06,590
there'd be serious injury to the
government if this company didn't get

464
00:08:06,590 --> 00:08:06,600
government if this company didn't get
 

465
00:08:06,600 --> 00:08:08,750
government if this company didn't get
the $13 million contract to do this

466
00:08:08,750 --> 00:08:08,760
the $13 million contract to do this
 

467
00:08:08,760 --> 00:08:11,190
the $13 million contract to do this
particular project right now? Is that

468
00:08:11,190 --> 00:08:11,200
particular project right now? Is that
 

469
00:08:11,200 --> 00:08:13,150
particular project right now? Is that
that Well, I think we do have a sense of

470
00:08:13,150 --> 00:08:13,160
that Well, I think we do have a sense of
 

471
00:08:13,160 --> 00:08:15,350
that Well, I think we do have a sense of
urgency. I mean, we got handed a record

472
00:08:15,350 --> 00:08:15,360
urgency. I mean, we got handed a record
 

473
00:08:15,360 --> 00:08:16,750
urgency. I mean, we got handed a record
amount of deferred maintenance. We had

474
00:08:16,750 --> 00:08:16,760
amount of deferred maintenance. We had
 

475
00:08:16,760 --> 00:08:18,750
amount of deferred maintenance. We had
19 fountains across the city that didn't

476
00:08:18,750 --> 00:08:18,760
19 fountains across the city that didn't
 

477
00:08:18,760 --> 00:08:20,750
19 fountains across the city that didn't
work. 82 homeless sites found

478
00:08:20,750 --> 00:08:20,760
work. 82 homeless sites found
 

479
00:08:20,760 --> 00:08:21,950
work. 82 homeless sites found
>> government?

480
00:08:21,950 --> 00:08:21,960
>> government?
 

481
00:08:21,960 --> 00:08:23,430
>> government?
The serious injury to the government?

482
00:08:23,430 --> 00:08:23,440
The serious injury to the government?
 

483
00:08:23,440 --> 00:08:25,909
The serious injury to the government?
>> Well, I'm not I'm not I'm not a

484
00:08:25,909 --> 00:08:25,919
>> Well, I'm not I'm not I'm not a
 

485
00:08:25,919 --> 00:08:27,310
>> Well, I'm not I'm not I'm not a
Well, I suppose a lawyer could decide

486
00:08:27,310 --> 00:08:27,320
Well, I suppose a lawyer could decide
 

487
00:08:27,320 --> 00:08:28,750
Well, I suppose a lawyer could decide
that, but I think that maybe all of us

488
00:08:28,750 --> 00:08:28,760
that, but I think that maybe all of us
 

489
00:08:28,760 --> 00:08:30,310
that, but I think that maybe all of us
could agree that we would want to have

490
00:08:30,310 --> 00:08:30,320
could agree that we would want to have
 

491
00:08:30,320 --> 00:08:32,230
could agree that we would want to have
our nation's capital looking great for

492
00:08:32,230 --> 00:08:32,240
our nation's capital looking great for
 

493
00:08:32,240 --> 00:08:34,550
our nation's capital looking great for
the 250th. I mean, this is a common

494
00:08:34,550 --> 00:08:34,560
the 250th. I mean, this is a common
 

495
00:08:34,560 --> 00:08:37,029
the 250th. I mean, this is a common
sense decision. Yeah, that's not a great

496
00:08:37,029 --> 00:08:37,039
sense decision. Yeah, that's not a great
 

497
00:08:37,039 --> 00:08:39,149
sense decision. Yeah, that's not a great
answer, Doug.

498
00:08:39,149 --> 00:08:39,159
answer, Doug.
 

499
00:08:39,159 --> 00:08:40,990
answer, Doug.
If you ask your neighbor, "Have you been

500
00:08:40,990 --> 00:08:41,000
If you ask your neighbor, "Have you been
 

501
00:08:41,000 --> 00:08:43,230
If you ask your neighbor, "Have you been
 the birdhouse in my yard?" and

502
00:08:43,230 --> 00:08:43,240
the birdhouse in my yard?" and
 

503
00:08:43,240 --> 00:08:44,990
the birdhouse in my yard?" and
he says, "That's a question I suppose a

504
00:08:44,990 --> 00:08:45,000
he says, "That's a question I suppose a
 

505
00:08:45,000 --> 00:08:46,829
he says, "That's a question I suppose a
lawyer could decide."

506
00:08:46,829 --> 00:08:46,839
lawyer could decide."
 

507
00:08:46,839 --> 00:08:48,710
lawyer could decide."
Then you know you need to get a new

508
00:08:48,710 --> 00:08:48,720
Then you know you need to get a new
 

509
00:08:48,720 --> 00:08:50,270
Then you know you need to get a new
birdhouse.

510
00:08:50,270 --> 00:08:50,280
birdhouse.
 

511
00:08:50,280 --> 00:08:51,910
birdhouse.
And look, is this the most important

512
00:08:51,910 --> 00:08:51,920
And look, is this the most important
 

513
00:08:51,920 --> 00:08:53,150
And look, is this the most important
thing this president could be doing

514
00:08:53,150 --> 00:08:53,160
thing this president could be doing
 

515
00:08:53,160 --> 00:08:54,750
thing this president could be doing
right now? Of course it isn't. That

516
00:08:54,750 --> 00:08:54,760
right now? Of course it isn't. That
 

517
00:08:54,760 --> 00:08:56,310
right now? Of course it isn't. That
would be a tie between learning where

518
00:08:56,310 --> 00:08:56,320
would be a tie between learning where
 

519
00:08:56,320 --> 00:08:58,790
would be a tie between learning where
Iran is on a map and finally listening

520
00:08:58,790 --> 00:08:58,800
Iran is on a map and finally listening
 

521
00:08:58,800 --> 00:09:00,110
Iran is on a map and finally listening
to the three ghosts who've been waking

522
00:09:00,110 --> 00:09:00,120
to the three ghosts who've been waking
 

523
00:09:00,120 --> 00:09:01,430
to the three ghosts who've been waking
him up every Christmas Eve for the last

524
00:09:01,430 --> 00:09:01,440
him up every Christmas Eve for the last
 

525
00:09:01,440 --> 00:09:03,510
him up every Christmas Eve for the last
70 years. But it should really go

526
00:09:03,510 --> 00:09:03,520
70 years. But it should really go
 

527
00:09:03,520 --> 00:09:05,550
70 years. But it should really go
without saying, if you are a president

528
00:09:05,550 --> 00:09:05,560
without saying, if you are a president
 

529
00:09:05,560 --> 00:09:06,870
without saying, if you are a president
who'd rather focus on ballroom

530
00:09:06,870 --> 00:09:06,880
who'd rather focus on ballroom
 

531
00:09:06,880 --> 00:09:08,829
who'd rather focus on ballroom
construction and pool maintenance than

532
00:09:08,829 --> 00:09:08,839
construction and pool maintenance than
 

533
00:09:08,839 --> 00:09:10,670
construction and pool maintenance than
the crucial work of actually running a

534
00:09:10,670 --> 00:09:10,680
the crucial work of actually running a
 

535
00:09:10,680 --> 00:09:12,510
the crucial work of actually running a
country, then I think it is fair to say,

536
00:09:12,510 --> 00:09:12,520
country, then I think it is fair to say,
 

537
00:09:12,520 --> 00:09:13,670
country, then I think it is fair to say,
to borrow a phrase that I heard

538
00:09:13,670 --> 00:09:13,680
to borrow a phrase that I heard
 

539
00:09:13,680 --> 00:09:16,390
to borrow a phrase that I heard
recently, you are not a smart

540
00:09:16,390 --> 00:09:16,400
recently, you are not a smart
 

541
00:09:16,400 --> 00:09:17,670
recently, you are not a smart
person.

542
00:09:17,670 --> 00:09:17,680
person.
 

543
00:09:17,680 --> 00:09:19,366
person.
And now this.

544
00:09:19,366 --> 00:09:19,376
And now this.
 

545
00:09:19,376 --> 00:09:19,550
And now this.
>> [cheering]

546
00:09:19,550 --> 00:09:19,560
>> [cheering]
 

547
00:09:19,560 --> 00:09:20,870
>> [cheering]
>> And now

548
00:09:20,870 --> 00:09:20,880
>> And now
 

549
00:09:20,880 --> 00:09:22,910
>> And now
Stephen Miller's darkest secrets are

550
00:09:22,910 --> 00:09:22,920
Stephen Miller's darkest secrets are
 

551
00:09:22,920 --> 00:09:25,950
Stephen Miller's darkest secrets are
revealed on his wife's podcast. Who

552
00:09:25,950 --> 00:09:25,960
revealed on his wife's podcast. Who
 

553
00:09:25,960 --> 00:09:28,310
revealed on his wife's podcast. Who
would you trust to babysit your kids?

554
00:09:28,310 --> 00:09:28,320
would you trust to babysit your kids?
 

555
00:09:28,320 --> 00:09:30,190
would you trust to babysit your kids?
Who would I trust to babysit my kids?

556
00:09:30,190 --> 00:09:30,200
Who would I trust to babysit my kids?
 

557
00:09:30,200 --> 00:09:31,270
Who would I trust to babysit my kids?
>> This can only be another member of the

558
00:09:31,270 --> 00:09:31,280
>> This can only be another member of the
 

559
00:09:31,280 --> 00:09:33,750
>> This can only be another member of the
cabinet.

560
00:09:33,750 --> 00:09:33,760
cabinet.
 

561
00:09:33,760 --> 00:09:35,070
cabinet.
Not

562
00:09:35,070 --> 00:09:35,080
Not
 

563
00:09:35,080 --> 00:09:36,710
Not
your husband.

564
00:09:36,710 --> 00:09:36,720
your husband.
 

565
00:09:36,720 --> 00:09:38,361
your husband.
So, right before Donald Trump had won,

566
00:09:38,361 --> 00:09:38,371
So, right before Donald Trump had won,
 

567
00:09:38,371 --> 00:09:39,630
So, right before Donald Trump had won,
[music] and we had friends in our

568
00:09:39,630 --> 00:09:39,640
[music] and we had friends in our
 

569
00:09:39,640 --> 00:09:42,750
[music] and we had friends in our
backyard, and Steven delivered a toast

570
00:09:42,750 --> 00:09:42,760
backyard, and Steven delivered a toast
 

571
00:09:42,760 --> 00:09:44,750
backyard, and Steven delivered a toast
and said, "This time next year, we'll be

572
00:09:44,750 --> 00:09:44,760
and said, "This time next year, we'll be
 

573
00:09:44,760 --> 00:09:46,470
and said, "This time next year, we'll be
drinking the tears of our enemies."

574
00:09:46,470 --> 00:09:46,480
drinking the tears of our enemies."
 

575
00:09:46,480 --> 00:09:48,590
drinking the tears of our enemies."
>> Oh. I'll give you my list of things I

576
00:09:48,590 --> 00:09:48,600
>> Oh. I'll give you my list of things I
 

577
00:09:48,600 --> 00:09:49,750
>> Oh. I'll give you my list of things I
disagree with Steven on [music] just to

578
00:09:49,750 --> 00:09:49,760
disagree with Steven on [music] just to
 

579
00:09:49,760 --> 00:09:50,390
disagree with Steven on [music] just to
help you out for a second.

580
00:09:50,390 --> 00:09:50,400
help you out for a second.
 

581
00:09:50,400 --> 00:09:52,590
help you out for a second.
>> Okay, great. He insists that my children

582
00:09:52,590 --> 00:09:52,600
>> Okay, great. He insists that my children
 

583
00:09:52,600 --> 00:09:54,081
>> Okay, great. He insists that my children
always wear socks with their shoes,

584
00:09:54,081 --> 00:09:54,091
always wear socks with their shoes,
 

585
00:09:54,091 --> 00:09:54,790
always wear socks with their shoes,
[music]

586
00:09:54,790 --> 00:09:54,800
[music]
 

587
00:09:54,800 --> 00:09:56,150
[music]
even if the shoes are already on and

588
00:09:56,150 --> 00:09:56,160
even if the shoes are already on and
 

589
00:09:56,160 --> 00:09:57,230
even if the shoes are already on and
they're ready to get in the car, go out

590
00:09:57,230 --> 00:09:57,240
they're ready to get in the car, go out
 

591
00:09:57,240 --> 00:09:58,750
they're ready to get in the car, go out
the door, he makes them come back inside

592
00:09:58,750 --> 00:09:58,760
the door, he makes them come back inside
 

593
00:09:58,760 --> 00:10:00,590
the door, he makes them come back inside
and put socks on. I didn't want a big

594
00:10:00,590 --> 00:10:00,600
and put socks on. I didn't want a big
 

595
00:10:00,600 --> 00:10:01,941
and put socks on. I didn't want a big
wedding. I wanted the courthouse.

596
00:10:01,941 --> 00:10:01,951
wedding. I wanted the courthouse.
 

597
00:10:01,951 --> 00:10:03,510
wedding. I wanted the courthouse.
[music] My husband wanted the big

598
00:10:03,510 --> 00:10:03,520
[music] My husband wanted the big
 

599
00:10:03,520 --> 00:10:03,830
[music] My husband wanted the big
wedding.

600
00:10:03,830 --> 00:10:03,840
wedding.
 

601
00:10:03,840 --> 00:10:05,710
wedding.
>> Okay, I love that. He's the bridezilla.

602
00:10:05,710 --> 00:10:05,720
>> Okay, I love that. He's the bridezilla.
 

603
00:10:05,720 --> 00:10:07,310
>> Okay, I love that. He's the bridezilla.
He's the bridezilla.

604
00:10:07,310 --> 00:10:07,320
He's the bridezilla.
 

605
00:10:07,320 --> 00:10:08,670
He's the bridezilla.
I had a buddy who used to eat french

606
00:10:08,670 --> 00:10:08,680
I had a buddy who used to eat french
 

607
00:10:08,680 --> 00:10:09,510
I had a buddy who used to eat french
fries with mayonnaise. I thought that

608
00:10:09,510 --> 00:10:09,520
fries with mayonnaise. I thought that
 

609
00:10:09,520 --> 00:10:10,950
fries with mayonnaise. I thought that
was disgusting. It's the only thing my

610
00:10:10,950 --> 00:10:10,960
was disgusting. It's the only thing my
 

611
00:10:10,960 --> 00:10:12,870
was disgusting. It's the only thing my
husband eats. With french fries or like

612
00:10:12,870 --> 00:10:12,880
husband eats. With french fries or like
 

613
00:10:12,880 --> 00:10:14,990
husband eats. With french fries or like
period? [music] Period. Okay.

614
00:10:14,990 --> 00:10:15,000
period? [music] Period. Okay.
 

615
00:10:15,000 --> 00:10:16,550
period? [music] Period. Okay.
It's my own personal theory. Like, why

616
00:10:16,550 --> 00:10:16,560
It's my own personal theory. Like, why
 

617
00:10:16,560 --> 00:10:17,630
It's my own personal theory. Like, why
have I been more nauseous this

618
00:10:17,630 --> 00:10:17,640
have I been more nauseous this
 

619
00:10:17,640 --> 00:10:18,190
have I been more nauseous this
pregnancy? [music]

620
00:10:18,190 --> 00:10:18,200
pregnancy? [music]
 

621
00:10:18,200 --> 00:10:19,350
pregnancy? [music]
Why have I had more eczema this

622
00:10:19,350 --> 00:10:19,360
Why have I had more eczema this
 

623
00:10:19,360 --> 00:10:20,510
Why have I had more eczema this
pregnancy?

624
00:10:20,510 --> 00:10:20,520
pregnancy?
 

625
00:10:20,520 --> 00:10:21,510
pregnancy?
>> It's because it's more of my husband's

626
00:10:21,510 --> 00:10:21,520
>> It's because it's more of my husband's
 

627
00:10:21,520 --> 00:10:23,430
>> It's because it's more of my husband's
genetic makeup than mine in this baby.

628
00:10:23,430 --> 00:10:23,440
genetic makeup than mine in this baby.
 

629
00:10:23,440 --> 00:10:25,470
genetic makeup than mine in this baby.
Without more. It's equal. Uh

630
00:10:25,470 --> 00:10:25,480
Without more. It's equal. Uh
 

631
00:10:25,480 --> 00:10:26,030
Without more. It's equal. Uh
it's actually a little

632
00:10:26,030 --> 00:10:26,040
it's actually a little
 

633
00:10:26,040 --> 00:10:26,910
it's actually a little
>> I'm telling you this baby's going to

634
00:10:26,910 --> 00:10:26,920
>> I'm telling you this baby's going to
 

635
00:10:26,920 --> 00:10:33,670
>> I'm telling you this baby's going to
turn out looking like him.

636
00:10:33,670 --> 00:10:33,680

 

637
00:10:33,680 --> 00:10:35,630

Moving on. Before our main story

638
00:10:35,630 --> 00:10:35,640
Moving on. Before our main story
 

639
00:10:35,640 --> 00:10:37,670
Moving on. Before our main story
tonight, I want to let you in on how we

640
00:10:37,670 --> 00:10:37,680
tonight, I want to let you in on how we
 

641
00:10:37,680 --> 00:10:40,070
tonight, I want to let you in on how we
decide what to cover. Sometimes a story

642
00:10:40,070 --> 00:10:40,080
decide what to cover. Sometimes a story
 

643
00:10:40,080 --> 00:10:41,590
decide what to cover. Sometimes a story
is of urgent interest, like ICE

644
00:10:41,590 --> 00:10:41,600
is of urgent interest, like ICE
 

645
00:10:41,600 --> 00:10:44,070
is of urgent interest, like ICE
detention or the Supreme Court or sexual

646
00:10:44,070 --> 00:10:44,080
detention or the Supreme Court or sexual
 

647
00:10:44,080 --> 00:10:46,110
detention or the Supreme Court or sexual
doorbells for Dutch fish.

648
00:10:46,110 --> 00:10:46,120
doorbells for Dutch fish.
 

649
00:10:46,120 --> 00:10:47,829
doorbells for Dutch fish.
Other times it can be incredibly boring,

650
00:10:47,829 --> 00:10:47,839
Other times it can be incredibly boring,
 

651
00:10:47,839 --> 00:10:49,790
Other times it can be incredibly boring,
like special districts or payday loans.

652
00:10:49,790 --> 00:10:49,800
like special districts or payday loans.
 

653
00:10:49,800 --> 00:10:52,030
like special districts or payday loans.
And sometimes, like with Subway or Mount

654
00:10:52,030 --> 00:10:52,040
And sometimes, like with Subway or Mount
 

655
00:10:52,040 --> 00:10:54,270
And sometimes, like with Subway or Mount
Everest, the way a story starts is by us

656
00:10:54,270 --> 00:10:54,280
Everest, the way a story starts is by us
 

657
00:10:54,280 --> 00:10:55,829
Everest, the way a story starts is by us
noticing something ubiquitous and find

658
00:10:55,829 --> 00:10:55,839
noticing something ubiquitous and find
 

659
00:10:55,839 --> 00:10:58,110
noticing something ubiquitous and find
ourselves going, "Hey, what the is

660
00:10:58,110 --> 00:10:58,120
ourselves going, "Hey, what the is
 

661
00:10:58,120 --> 00:10:59,710
ourselves going, "Hey, what the is
the deal with that thing?"

662
00:10:59,710 --> 00:10:59,720
the deal with that thing?"
 

663
00:10:59,720 --> 00:11:01,390
the deal with that thing?"
Well, this is going to be one of those

664
00:11:01,390 --> 00:11:01,400
Well, this is going to be one of those
 

665
00:11:01,400 --> 00:11:03,070
Well, this is going to be one of those
stories. And the thing that prompted

666
00:11:03,070 --> 00:11:03,080
stories. And the thing that prompted
 

667
00:11:03,080 --> 00:11:07,750
stories. And the thing that prompted
that question this time was seeing this.

668
00:11:07,750 --> 00:11:07,760

 

669
00:11:07,760 --> 00:11:10,110

I have a structured settlement and I

670
00:11:10,110 --> 00:11:10,120
I have a structured settlement and I
 

671
00:11:10,120 --> 00:11:14,590
I have a structured settlement and I
need cash now. Call J.G. Wentworth

672
00:11:14,590 --> 00:11:14,600
need cash now. Call J.G. Wentworth
 

673
00:11:14,600 --> 00:11:16,790
need cash now. Call J.G. Wentworth
877-CASH-NOW.

674
00:11:16,790 --> 00:11:16,800
877-CASH-NOW.
 

675
00:11:16,800 --> 00:11:20,070
877-CASH-NOW.
Yeah, the J.G. Wentworth ads.

676
00:11:20,070 --> 00:11:20,080
Yeah, the J.G. Wentworth ads.
 

677
00:11:20,080 --> 00:11:21,990
Yeah, the J.G. Wentworth ads.
You cannot have missed them because they

678
00:11:21,990 --> 00:11:22,000
You cannot have missed them because they
 

679
00:11:22,000 --> 00:11:23,990
You cannot have missed them because they
are everywhere. In fact, they are such a

680
00:11:23,990 --> 00:11:24,000
are everywhere. In fact, they are such a
 

681
00:11:24,000 --> 00:11:26,110
are everywhere. In fact, they are such a
pop culture staple, it became a running

682
00:11:26,110 --> 00:11:26,120
pop culture staple, it became a running
 

683
00:11:26,120 --> 00:11:28,310
pop culture staple, it became a running
joke on Curb Your Enthusiasm that Larry

684
00:11:28,310 --> 00:11:28,320
joke on Curb Your Enthusiasm that Larry
 

685
00:11:28,320 --> 00:11:30,070
joke on Curb Your Enthusiasm that Larry
David couldn't get that song out of his

686
00:11:30,070 --> 00:11:30,080
David couldn't get that song out of his
 

687
00:11:30,080 --> 00:11:31,030
David couldn't get that song out of his
head.

688
00:11:31,030 --> 00:11:31,040
head.
 

689
00:11:31,040 --> 00:11:33,270
head.
I have a structured settlement and I

690
00:11:33,270 --> 00:11:33,280
I have a structured settlement and I
 

691
00:11:33,280 --> 00:11:34,950
I have a structured settlement and I
need cash now.

692
00:11:34,950 --> 00:11:34,960
need cash now.
 

693
00:11:34,960 --> 00:11:39,230
need cash now.
now. Call J.G. Wentworth, 877-Cash-Now.

694
00:11:39,230 --> 00:11:39,240
now. Call J.G. Wentworth, 877-Cash-Now.
 

695
00:11:39,240 --> 00:11:47,910
now. Call J.G. Wentworth, 877-Cash-Now.
877-CASH-NOW.

696
00:11:47,910 --> 00:11:47,920

 

697
00:11:47,920 --> 00:11:48,710

AND LOOK,

698
00:11:48,710 --> 00:11:48,720
AND LOOK,
 

699
00:11:48,720 --> 00:11:51,310
AND LOOK,
THERE IS A REASON that song is stuck in

700
00:11:51,310 --> 00:11:51,320
THERE IS A REASON that song is stuck in
 

701
00:11:51,320 --> 00:11:52,790
THERE IS A REASON that song is stuck in
everyone's head. Not only is it

702
00:11:52,790 --> 00:11:52,800
everyone's head. Not only is it
 

703
00:11:52,800 --> 00:11:54,990
everyone's head. Not only is it
infuriatingly catchy, J.G. Wentworth

704
00:11:54,990 --> 00:11:55,000
infuriatingly catchy, J.G. Wentworth
 

705
00:11:55,000 --> 00:11:57,670
infuriatingly catchy, J.G. Wentworth
absolutely blankets TV with their ads

706
00:11:57,670 --> 00:11:57,680
absolutely blankets TV with their ads
 

707
00:11:57,680 --> 00:11:59,990
absolutely blankets TV with their ads
and in all sorts of styles.

708
00:11:59,990 --> 00:12:00,000
and in all sorts of styles.
 

709
00:12:00,000 --> 00:12:01,870
and in all sorts of styles.
I have a structured [music] settlement

710
00:12:01,870 --> 00:12:01,880
I have a structured [music] settlement
 

711
00:12:01,880 --> 00:12:03,310
I have a structured [music] settlement
and I need cash

712
00:12:03,310 --> 00:12:03,320
and I need cash
 

713
00:12:03,320 --> 00:12:04,310
and I need cash
now.

714
00:12:04,310 --> 00:12:04,320
now.
 

715
00:12:04,320 --> 00:12:06,750
now.
Call J.G. Wentworth,

716
00:12:06,750 --> 00:12:06,760
Call J.G. Wentworth,
 

717
00:12:06,760 --> 00:12:08,510
Call J.G. Wentworth,
877-Cash-Now. [music]

718
00:12:08,510 --> 00:12:08,520
877-Cash-Now. [music]
 

719
00:12:08,520 --> 00:12:11,230
877-Cash-Now. [music]
I get long-term payments, but I need

720
00:12:11,230 --> 00:12:11,240
I get long-term payments, but I need
 

721
00:12:11,240 --> 00:12:12,590
I get long-term payments, but I need
cash now.

722
00:12:12,590 --> 00:12:12,600
cash now.
 

723
00:12:12,600 --> 00:12:16,910
cash now.
Call J.G. Wentworth, 877-Cash-Now.

724
00:12:16,910 --> 00:12:16,920
Call J.G. Wentworth, 877-Cash-Now.
 

725
00:12:16,920 --> 00:12:18,910
Call J.G. Wentworth, 877-Cash-Now.
It's not a loan, so there's no debt, no

726
00:12:18,910 --> 00:12:18,920
It's not a loan, so there's no debt, no
 

727
00:12:18,920 --> 00:12:21,670
It's not a loan, so there's no debt, no
credit card advance regrets. Call J.G.

728
00:12:21,670 --> 00:12:21,680
credit card advance regrets. Call J.G.
 

729
00:12:21,680 --> 00:12:24,230
credit card advance regrets. Call J.G.
Wentworth, 877-Cash-Now.

730
00:12:24,230 --> 00:12:24,240
Wentworth, 877-Cash-Now.
 

731
00:12:24,240 --> 00:12:26,270
Wentworth, 877-Cash-Now.
It's your money, use it when you need

732
00:12:26,270 --> 00:12:26,280
It's your money, use it when you need
 

733
00:12:26,280 --> 00:12:28,230
It's your money, use it when you need
it. Call J.G. [music and singing]

734
00:12:28,230 --> 00:12:28,240
it. Call J.G. [music and singing]
 

735
00:12:28,240 --> 00:12:29,510
it. Call J.G. [music and singing]
Wentworth,

736
00:12:29,510 --> 00:12:29,520
Wentworth,
 

737
00:12:29,520 --> 00:12:34,470
Wentworth,
877-Cash-Now.

738
00:12:34,470 --> 00:12:34,480

 

739
00:12:34,480 --> 00:12:36,510

Yeah, it turns out they've produced that

740
00:12:36,510 --> 00:12:36,520
Yeah, it turns out they've produced that
 

741
00:12:36,520 --> 00:12:38,310
Yeah, it turns out they've produced that
song in almost every genre. At this

742
00:12:38,310 --> 00:12:38,320
song in almost every genre. At this
 

743
00:12:38,320 --> 00:12:39,910
song in almost every genre. At this
point, they could release an album

744
00:12:39,910 --> 00:12:39,920
point, they could release an album
 

745
00:12:39,920 --> 00:12:41,790
point, they could release an album
presumably called Now That's What I Call

746
00:12:41,790 --> 00:12:41,800
presumably called Now That's What I Call
 

747
00:12:41,800 --> 00:12:43,270
presumably called Now That's What I Call
The Song I'm Worried Will Be The Last

748
00:12:43,270 --> 00:12:43,280
The Song I'm Worried Will Be The Last
 

749
00:12:43,280 --> 00:12:46,150
The Song I'm Worried Will Be The Last
Thing I Think About Before I Die.

750
00:12:46,150 --> 00:12:46,160
Thing I Think About Before I Die.
 

751
00:12:46,160 --> 00:12:47,750
Thing I Think About Before I Die.
But interestingly, for commercials you

752
00:12:47,750 --> 00:12:47,760
But interestingly, for commercials you
 

753
00:12:47,760 --> 00:12:50,190
But interestingly, for commercials you
see that much, you probably don't know

754
00:12:50,190 --> 00:12:50,200
see that much, you probably don't know
 

755
00:12:50,200 --> 00:12:52,110
see that much, you probably don't know
what J.G. Wentworth is actually selling

756
00:12:52,110 --> 00:12:52,120
what J.G. Wentworth is actually selling
 

757
00:12:52,120 --> 00:12:54,030
what J.G. Wentworth is actually selling
there, which is a little weird, isn't

758
00:12:54,030 --> 00:12:54,040
there, which is a little weird, isn't
 

759
00:12:54,040 --> 00:12:56,190
there, which is a little weird, isn't
it? It is generally a red flag when

760
00:12:56,190 --> 00:12:56,200
it? It is generally a red flag when
 

761
00:12:56,200 --> 00:12:57,829
it? It is generally a red flag when
something has a massive ad budget but

762
00:12:57,829 --> 00:12:57,839
something has a massive ad budget but
 

763
00:12:57,839 --> 00:12:59,470
something has a massive ad budget but
you don't know what they actually do,

764
00:12:59,470 --> 00:12:59,480
you don't know what they actually do,
 

765
00:12:59,480 --> 00:13:01,910
you don't know what they actually do,
whether it's Shen Yun or Cars

766
00:13:01,910 --> 00:13:01,920
whether it's Shen Yun or Cars
 

767
00:13:01,920 --> 00:13:03,190
whether it's Shen Yun or Cars
for Kids.

768
00:13:03,190 --> 00:13:03,200
for Kids.
 

769
00:13:03,200 --> 00:13:05,310
for Kids.
But the good news is we're going to give

770
00:13:05,310 --> 00:13:05,320
But the good news is we're going to give
 

771
00:13:05,320 --> 00:13:07,550
But the good news is we're going to give
you an answer tonight. The bad news is

772
00:13:07,550 --> 00:13:07,560
you an answer tonight. The bad news is
 

773
00:13:07,560 --> 00:13:09,590
you an answer tonight. The bad news is
the rest of this story.

774
00:13:09,590 --> 00:13:09,600
the rest of this story.
 

775
00:13:09,600 --> 00:13:11,030
the rest of this story.
A structured settlement is actually

776
00:13:11,030 --> 00:13:11,040
A structured settlement is actually
 

777
00:13:11,040 --> 00:13:12,510
A structured settlement is actually
pretty easy to understand. You're

778
00:13:12,510 --> 00:13:12,520
pretty easy to understand. You're
 

779
00:13:12,520 --> 00:13:14,030
pretty easy to understand. You're
generally eligible for one if you've

780
00:13:14,030 --> 00:13:14,040
generally eligible for one if you've
 

781
00:13:14,040 --> 00:13:16,390
generally eligible for one if you've
suffered a physical injury or someone

782
00:13:16,390 --> 00:13:16,400
suffered a physical injury or someone
 

783
00:13:16,400 --> 00:13:18,270
suffered a physical injury or someone
died because of a wrongful action and

784
00:13:18,270 --> 00:13:18,280
died because of a wrongful action and
 

785
00:13:18,280 --> 00:13:19,910
died because of a wrongful action and
you've been awarded a settlement. Maybe

786
00:13:19,910 --> 00:13:19,920
you've been awarded a settlement. Maybe
 

787
00:13:19,920 --> 00:13:21,670
you've been awarded a settlement. Maybe
you got hit by a car or suffered an

788
00:13:21,670 --> 00:13:21,680
you got hit by a car or suffered an
 

789
00:13:21,680 --> 00:13:23,350
you got hit by a car or suffered an
accident at work or were poisoned by

790
00:13:23,350 --> 00:13:23,360
accident at work or were poisoned by
 

791
00:13:23,360 --> 00:13:25,750
accident at work or were poisoned by
lead paint. That settlement money can

792
00:13:25,750 --> 00:13:25,760
lead paint. That settlement money can
 

793
00:13:25,760 --> 00:13:27,750
lead paint. That settlement money can
then be structured into increments,

794
00:13:27,750 --> 00:13:27,760
then be structured into increments,
 

795
00:13:27,760 --> 00:13:30,230
then be structured into increments,
often monthly with periodic lump sums

796
00:13:30,230 --> 00:13:30,240
often monthly with periodic lump sums
 

797
00:13:30,240 --> 00:13:31,910
often monthly with periodic lump sums
instead of you getting it all at once.

798
00:13:31,910 --> 00:13:31,920
instead of you getting it all at once.
 

799
00:13:31,920 --> 00:13:34,310
instead of you getting it all at once.
And in theory, that's not a bad idea.

800
00:13:34,310 --> 00:13:34,320
And in theory, that's not a bad idea.
 

801
00:13:34,320 --> 00:13:35,630
And in theory, that's not a bad idea.
It's income tax-free, and if it's

802
00:13:35,630 --> 00:13:35,640
It's income tax-free, and if it's
 

803
00:13:35,640 --> 00:13:36,950
It's income tax-free, and if it's
designed well, it means that you're

804
00:13:36,950 --> 00:13:36,960
designed well, it means that you're
 

805
00:13:36,960 --> 00:13:38,950
designed well, it means that you're
supported for the rest of your life or

806
00:13:38,950 --> 00:13:38,960
supported for the rest of your life or
 

807
00:13:38,960 --> 00:13:40,830
supported for the rest of your life or
however long the settlement runs. That

808
00:13:40,830 --> 00:13:40,840
however long the settlement runs. That
 

809
00:13:40,840 --> 00:13:43,310
however long the settlement runs. That
is why a lot of personal finance experts

810
00:13:43,310 --> 00:13:43,320
is why a lot of personal finance experts
 

811
00:13:43,320 --> 00:13:44,990
is why a lot of personal finance experts
are actually fans of structured

812
00:13:44,990 --> 00:13:45,000
are actually fans of structured
 

813
00:13:45,000 --> 00:13:46,990
are actually fans of structured
settlements. In fact, here's Suze Orman

814
00:13:46,990 --> 00:13:47,000
settlements. In fact, here's Suze Orman
 

815
00:13:47,000 --> 00:13:49,590
settlements. In fact, here's Suze Orman
giving them a strong endorsement. If you

816
00:13:49,590 --> 00:13:49,600
giving them a strong endorsement. If you
 

817
00:13:49,600 --> 00:13:52,470
giving them a strong endorsement. If you
are ever in an accident, if you are ever

818
00:13:52,470 --> 00:13:52,480
are ever in an accident, if you are ever
 

819
00:13:52,480 --> 00:13:55,910
are ever in an accident, if you are ever
in a situation where you get a large

820
00:13:55,910 --> 00:13:55,920
in a situation where you get a large
 

821
00:13:55,920 --> 00:13:59,150
in a situation where you get a large
settlement for whatever reason, you are

822
00:13:59,150 --> 00:13:59,160
settlement for whatever reason, you are
 

823
00:13:59,160 --> 00:14:02,070
settlement for whatever reason, you are
to run, you are to not walk, you are to

824
00:14:02,070 --> 00:14:02,080
to run, you are to not walk, you are to
 

825
00:14:02,080 --> 00:14:04,710
to run, you are to not walk, you are to
run to the place that you can get a

826
00:14:04,710 --> 00:14:04,720
run to the place that you can get a
 

827
00:14:04,720 --> 00:14:07,150
run to the place that you can get a
structured settlement. Yeah, that is a

828
00:14:07,150 --> 00:14:07,160
structured settlement. Yeah, that is a
 

829
00:14:07,160 --> 00:14:09,550
structured settlement. Yeah, that is a
pretty big cosign.

830
00:14:09,550 --> 00:14:09,560
pretty big cosign.
 

831
00:14:09,560 --> 00:14:11,150
pretty big cosign.
Delivered with that signature Orman

832
00:14:11,150 --> 00:14:11,160
Delivered with that signature Orman
 

833
00:14:11,160 --> 00:14:12,830
Delivered with that signature Orman
energy, really best described as local

834
00:14:12,830 --> 00:14:12,840
energy, really best described as local
 

835
00:14:12,840 --> 00:14:14,590
energy, really best described as local
real estate agent who just snorted

836
00:14:14,590 --> 00:14:14,600
real estate agent who just snorted
 

837
00:14:14,600 --> 00:14:15,790
real estate agent who just snorted
Adderall.

838
00:14:15,790 --> 00:14:15,800
Adderall.
 

839
00:14:15,800 --> 00:14:17,190
Adderall.
And And I assume it's the kind of

840
00:14:17,190 --> 00:14:17,200
And And I assume it's the kind of
 

841
00:14:17,200 --> 00:14:18,310
And And I assume it's the kind of
support that you'll lay out in her

842
00:14:18,310 --> 00:14:18,320
support that you'll lay out in her
 

843
00:14:18,320 --> 00:14:20,270
support that you'll lay out in her
upcoming book, Five Strategies for the

844
00:14:20,270 --> 00:14:20,280
upcoming book, Five Strategies for the
 

845
00:14:20,280 --> 00:14:21,870
upcoming book, Five Strategies for the
Nine Steps Behind the Four Secrets of

846
00:14:21,870 --> 00:14:21,880
Nine Steps Behind the Four Secrets of
 

847
00:14:21,880 --> 00:14:23,350
Nine Steps Behind the Four Secrets of
Life, Love, Tomorrow, Yesterday, and

848
00:14:23,350 --> 00:14:23,360
Life, Love, Tomorrow, Yesterday, and
 

849
00:14:23,360 --> 00:14:25,230
Life, Love, Tomorrow, Yesterday, and
Structured Settlements: Three Easy Steps

850
00:14:25,230 --> 00:14:25,240
Structured Settlements: Three Easy Steps
 

851
00:14:25,240 --> 00:14:27,310
Structured Settlements: Three Easy Steps
by Suze Orman.

852
00:14:27,310 --> 00:14:27,320
by Suze Orman.
 

853
00:14:27,320 --> 00:14:28,870
by Suze Orman.
A surprising number of people receive

854
00:14:28,870 --> 00:14:28,880
A surprising number of people receive
 

855
00:14:28,880 --> 00:14:30,190
A surprising number of people receive
structured settlements. One estimate a

856
00:14:30,190 --> 00:14:30,200
structured settlements. One estimate a
 

857
00:14:30,200 --> 00:14:31,550
structured settlements. One estimate a
few years ago put the number at around

858
00:14:31,550 --> 00:14:31,560
few years ago put the number at around
 

859
00:14:31,560 --> 00:14:33,270
few years ago put the number at around
750,000

860
00:14:33,270 --> 00:14:33,280
750,000
 

861
00:14:33,280 --> 00:14:35,829
750,000
in the US. But, some may end up needing

862
00:14:35,829 --> 00:14:35,839
in the US. But, some may end up needing
 

863
00:14:35,839 --> 00:14:38,310
in the US. But, some may end up needing
or wanting an advance on the money that

864
00:14:38,310 --> 00:14:38,320
or wanting an advance on the money that
 

865
00:14:38,320 --> 00:14:40,510
or wanting an advance on the money that
they are getting. The thing is, that can

866
00:14:40,510 --> 00:14:40,520
they are getting. The thing is, that can
 

867
00:14:40,520 --> 00:14:42,350
they are getting. The thing is, that can
be a bit of a challenge with structured

868
00:14:42,350 --> 00:14:42,360
be a bit of a challenge with structured
 

869
00:14:42,360 --> 00:14:43,950
be a bit of a challenge with structured
settlements because once the structure

870
00:14:43,950 --> 00:14:43,960
settlements because once the structure
 

871
00:14:43,960 --> 00:14:46,390
settlements because once the structure
has been set, recipients can't simply

872
00:14:46,390 --> 00:14:46,400
has been set, recipients can't simply
 

873
00:14:46,400 --> 00:14:48,190
has been set, recipients can't simply
change their minds and cash in the

874
00:14:48,190 --> 00:14:48,200
change their minds and cash in the
 

875
00:14:48,200 --> 00:14:50,829
change their minds and cash in the
remaining payments. And that is where

876
00:14:50,829 --> 00:14:50,839
remaining payments. And that is where
 

877
00:14:50,839 --> 00:14:53,230
remaining payments. And that is where
companies like J.G. Wentworth come in.

878
00:14:53,230 --> 00:14:53,240
companies like J.G. Wentworth come in.
 

879
00:14:53,240 --> 00:14:54,990
companies like J.G. Wentworth come in.
And it is why their commercials are

880
00:14:54,990 --> 00:14:55,000
And it is why their commercials are
 

881
00:14:55,000 --> 00:14:57,430
And it is why their commercials are
filled with a bunch of Vikings singing,

882
00:14:57,430 --> 00:14:57,440
filled with a bunch of Vikings singing,
 

883
00:14:57,440 --> 00:14:59,350
filled with a bunch of Vikings singing,
"I have a structured settlement and I

884
00:14:59,350 --> 00:14:59,360
"I have a structured settlement and I
 

885
00:14:59,360 --> 00:15:01,670
"I have a structured settlement and I
need cash now."

886
00:15:01,670 --> 00:15:01,680
need cash now."
 

887
00:15:01,680 --> 00:15:03,950
need cash now."
Very basically, these companies will buy

888
00:15:03,950 --> 00:15:03,960
Very basically, these companies will buy
 

889
00:15:03,960 --> 00:15:05,950
Very basically, these companies will buy
the rights to future payments from your

890
00:15:05,950 --> 00:15:05,960
the rights to future payments from your
 

891
00:15:05,960 --> 00:15:08,870
the rights to future payments from your
settlement and exchange give you a lump

892
00:15:08,870 --> 00:15:08,880
settlement and exchange give you a lump
 

893
00:15:08,880 --> 00:15:11,350
settlement and exchange give you a lump
of cash. But, they can take a massive

894
00:15:11,350 --> 00:15:11,360
of cash. But, they can take a massive
 

895
00:15:11,360 --> 00:15:13,630
of cash. But, they can take a massive
cut. One analysis of seven states found

896
00:15:13,630 --> 00:15:13,640
cut. One analysis of seven states found
 

897
00:15:13,640 --> 00:15:14,710
cut. One analysis of seven states found
that on average, these companies are

898
00:15:14,710 --> 00:15:14,720
that on average, these companies are
 

899
00:15:14,720 --> 00:15:17,829
that on average, these companies are
keeping about 60% of the money, and

900
00:15:17,829 --> 00:15:17,839
keeping about 60% of the money, and
 

901
00:15:17,839 --> 00:15:20,510
keeping about 60% of the money, and
sometimes far more. So, this is a

902
00:15:20,510 --> 00:15:20,520
sometimes far more. So, this is a
 

903
00:15:20,520 --> 00:15:22,590
sometimes far more. So, this is a
business built around getting people to

904
00:15:22,590 --> 00:15:22,600
business built around getting people to
 

905
00:15:22,600 --> 00:15:24,710
business built around getting people to
sell their settlements for pennies on

906
00:15:24,710 --> 00:15:24,720
sell their settlements for pennies on
 

907
00:15:24,720 --> 00:15:26,670
sell their settlements for pennies on
the dollar. It's called the factoring

908
00:15:26,670 --> 00:15:26,680
the dollar. It's called the factoring
 

909
00:15:26,680 --> 00:15:29,030
the dollar. It's called the factoring
industry and it is much bigger than you

910
00:15:29,030 --> 00:15:29,040
industry and it is much bigger than you
 

911
00:15:29,040 --> 00:15:30,670
industry and it is much bigger than you
might think. These companies buy an

912
00:15:30,670 --> 00:15:30,680
might think. These companies buy an
 

913
00:15:30,680 --> 00:15:33,430
might think. These companies buy an
estimated $1 billion worth of payments

914
00:15:33,430 --> 00:15:33,440
estimated $1 billion worth of payments
 

915
00:15:33,440 --> 00:15:36,110
estimated $1 billion worth of payments
each year, but it is important to know

916
00:15:36,110 --> 00:15:36,120
each year, but it is important to know
 

917
00:15:36,120 --> 00:15:37,510
each year, but it is important to know
that many who do business with these

918
00:15:37,510 --> 00:15:37,520
that many who do business with these
 

919
00:15:37,520 --> 00:15:39,950
that many who do business with these
companies end up deeply regretting it.

920
00:15:39,950 --> 00:15:39,960
companies end up deeply regretting it.
 

921
00:15:39,960 --> 00:15:41,790
companies end up deeply regretting it.
Like this man who was in a car wreck in

922
00:15:41,790 --> 00:15:41,800
Like this man who was in a car wreck in
 

923
00:15:41,800 --> 00:15:44,030
Like this man who was in a car wreck in
eighth grade and suffered severe brain

924
00:15:44,030 --> 00:15:44,040
eighth grade and suffered severe brain
 

925
00:15:44,040 --> 00:15:45,790
eighth grade and suffered severe brain
injuries. And I'll let him pick up the

926
00:15:45,790 --> 00:15:45,800
injuries. And I'll let him pick up the
 

927
00:15:45,800 --> 00:15:47,990
injuries. And I'll let him pick up the
story from there. My mom got me a lawyer

928
00:15:47,990 --> 00:15:48,000
story from there. My mom got me a lawyer
 

929
00:15:48,000 --> 00:15:49,830
story from there. My mom got me a lawyer
sometime or another. She set me up a

930
00:15:49,830 --> 00:15:49,840
sometime or another. She set me up a
 

931
00:15:49,840 --> 00:15:51,230
sometime or another. She set me up a
structured settlement

932
00:15:51,230 --> 00:15:51,240
structured settlement
 

933
00:15:51,240 --> 00:15:54,030
structured settlement
totaling up to $99,000 and some odd

934
00:15:54,030 --> 00:15:54,040
totaling up to $99,000 and some odd
 

935
00:15:54,040 --> 00:15:56,670
totaling up to $99,000 and some odd
dollars. Well, pretty much

936
00:15:56,670 --> 00:15:56,680
dollars. Well, pretty much
 

937
00:15:56,680 --> 00:15:59,150
dollars. Well, pretty much
sold half to J.G. Wentworth. Telling you

938
00:15:59,150 --> 00:15:59,160
sold half to J.G. Wentworth. Telling you
 

939
00:15:59,160 --> 00:16:00,630
sold half to J.G. Wentworth. Telling you
right now, don't you ever listen to none

940
00:16:00,630 --> 00:16:00,640
right now, don't you ever listen to none
 

941
00:16:00,640 --> 00:16:03,470
right now, don't you ever listen to none
of them people.

942
00:16:03,470 --> 00:16:03,480

 

943
00:16:03,480 --> 00:16:05,030

They'll let you down every time. I

944
00:16:05,030 --> 00:16:05,040
They'll let you down every time. I
 

945
00:16:05,040 --> 00:16:06,670
They'll let you down every time. I
regret it so much. This one of my

946
00:16:06,670 --> 00:16:06,680
regret it so much. This one of my
 

947
00:16:06,680 --> 00:16:08,950
regret it so much. This one of my
biggest regret of my whole life. That is

948
00:16:08,950 --> 00:16:08,960
biggest regret of my whole life. That is
 

949
00:16:08,960 --> 00:16:11,470
biggest regret of my whole life. That is
horrible. A financial transaction should

950
00:16:11,470 --> 00:16:11,480
horrible. A financial transaction should
 

951
00:16:11,480 --> 00:16:13,230
horrible. A financial transaction should
not be one of the biggest regrets of

952
00:16:13,230 --> 00:16:13,240
not be one of the biggest regrets of
 

953
00:16:13,240 --> 00:16:14,470
not be one of the biggest regrets of
your life. That should be reserved for

954
00:16:14,470 --> 00:16:14,480
your life. That should be reserved for
 

955
00:16:14,480 --> 00:16:15,990
your life. That should be reserved for
something like not staying in touch with

956
00:16:15,990 --> 00:16:16,000
something like not staying in touch with
 

957
00:16:16,000 --> 00:16:18,190
something like not staying in touch with
old friends or spending too much time at

958
00:16:18,190 --> 00:16:18,200
old friends or spending too much time at
 

959
00:16:18,200 --> 00:16:20,310
old friends or spending too much time at
work or publicly harassing Oscar

960
00:16:20,310 --> 00:16:20,320
work or publicly harassing Oscar
 

961
00:16:20,320 --> 00:16:21,790
work or publicly harassing Oscar
nominated actor Adam Driver for nearly

962
00:16:21,790 --> 00:16:21,800
nominated actor Adam Driver for nearly
 

963
00:16:21,800 --> 00:16:23,790
nominated actor Adam Driver for nearly
an entire calendar year. You know, the

964
00:16:23,790 --> 00:16:23,800
an entire calendar year. You know, the
 

965
00:16:23,800 --> 00:16:25,710
an entire calendar year. You know, the
normal things that we all look back on

966
00:16:25,710 --> 00:16:25,720
normal things that we all look back on
 

967
00:16:25,720 --> 00:16:29,070
normal things that we all look back on
with some regret. The point is, if an

968
00:16:29,070 --> 00:16:29,080
with some regret. The point is, if an
 

969
00:16:29,080 --> 00:16:31,190
with some regret. The point is, if an
industry is this ubiquitous, this

970
00:16:31,190 --> 00:16:31,200
industry is this ubiquitous, this
 

971
00:16:31,200 --> 00:16:33,470
industry is this ubiquitous, this
heavily advertised, and can trigger that

972
00:16:33,470 --> 00:16:33,480
heavily advertised, and can trigger that
 

973
00:16:33,480 --> 00:16:35,870
heavily advertised, and can trigger that
level of regret, tonight let's take a

974
00:16:35,870 --> 00:16:35,880
level of regret, tonight let's take a
 

975
00:16:35,880 --> 00:16:37,870
level of regret, tonight let's take a
look at the factoring companies who buy

976
00:16:37,870 --> 00:16:37,880
look at the factoring companies who buy
 

977
00:16:37,880 --> 00:16:39,310
look at the factoring companies who buy
structured settlements. Let's start with

978
00:16:39,310 --> 00:16:39,320
structured settlements. Let's start with
 

979
00:16:39,320 --> 00:16:40,829
structured settlements. Let's start with
the fact that one of the first big

980
00:16:40,829 --> 00:16:40,839
the fact that one of the first big
 

981
00:16:40,839 --> 00:16:43,590
the fact that one of the first big
companies to do this was J.G. Wentworth.

982
00:16:43,590 --> 00:16:43,600
companies to do this was J.G. Wentworth.
 

983
00:16:43,600 --> 00:16:45,230
companies to do this was J.G. Wentworth.
They were founded back in the '90s and

984
00:16:45,230 --> 00:16:45,240
They were founded back in the '90s and
 

985
00:16:45,240 --> 00:16:47,230
They were founded back in the '90s and
interestingly, none of the founders were

986
00:16:47,230 --> 00:16:47,240
interestingly, none of the founders were
 

987
00:16:47,240 --> 00:16:49,550
interestingly, none of the founders were
named J.G. Wentworth. They just named

988
00:16:49,550 --> 00:16:49,560
named J.G. Wentworth. They just named
 

989
00:16:49,560 --> 00:16:51,190
named J.G. Wentworth. They just named
their company after a man who doesn't

990
00:16:51,190 --> 00:16:51,200
their company after a man who doesn't
 

991
00:16:51,200 --> 00:16:52,750
their company after a man who doesn't
seem to exist and not as it sounds like

992
00:16:52,750 --> 00:16:52,760
seem to exist and not as it sounds like
 

993
00:16:52,760 --> 00:16:54,590
seem to exist and not as it sounds like
a legacy admission at Duke who nearly

994
00:16:54,590 --> 00:16:54,600
a legacy admission at Duke who nearly
 

995
00:16:54,600 --> 00:16:56,030
a legacy admission at Duke who nearly
died in his frat house after butt

996
00:16:56,030 --> 00:16:56,040
died in his frat house after butt
 

997
00:16:56,040 --> 00:16:58,430
died in his frat house after butt
chugging Yeungling. But,

998
00:16:58,430 --> 00:16:58,440
chugging Yeungling. But,
 

999
00:16:58,440 --> 00:17:00,070
chugging Yeungling. But,
since then J.G. Wentworth has become, in

1000
00:17:00,070 --> 00:17:00,080
since then J.G. Wentworth has become, in
 

1001
00:17:00,080 --> 00:17:02,390
since then J.G. Wentworth has become, in
its own words, the largest purchaser of

1002
00:17:02,390 --> 00:17:02,400
its own words, the largest purchaser of
 

1003
00:17:02,400 --> 00:17:03,990
its own words, the largest purchaser of
structured settlement payments in the

1004
00:17:03,990 --> 00:17:04,000
structured settlement payments in the
 

1005
00:17:04,000 --> 00:17:06,189
structured settlement payments in the
US. And they've done that both under the

1006
00:17:06,189 --> 00:17:06,199
US. And they've done that both under the
 

1007
00:17:06,199 --> 00:17:07,990
US. And they've done that both under the
Wentworth name and under a number of

1008
00:17:07,990 --> 00:17:08,000
Wentworth name and under a number of
 

1009
00:17:08,000 --> 00:17:09,470
Wentworth name and under a number of
subsidiaries that they've owned over the

1010
00:17:09,470 --> 00:17:09,480
subsidiaries that they've owned over the
 

1011
00:17:09,480 --> 00:17:11,309
subsidiaries that they've owned over the
years. They've been so successful, in

1012
00:17:11,309 --> 00:17:11,319
years. They've been so successful, in
 

1013
00:17:11,319 --> 00:17:12,870
years. They've been so successful, in
fact, they've also inspired a whole

1014
00:17:12,870 --> 00:17:12,880
fact, they've also inspired a whole
 

1015
00:17:12,880 --> 00:17:15,110
fact, they've also inspired a whole
bunch of copycats. Many of whom have

1016
00:17:15,110 --> 00:17:15,120
bunch of copycats. Many of whom have
 

1017
00:17:15,120 --> 00:17:16,750
bunch of copycats. Many of whom have
even tried to imitate the success of

1018
00:17:16,750 --> 00:17:16,760
even tried to imitate the success of
 

1019
00:17:16,760 --> 00:17:18,990
even tried to imitate the success of
their horrendously catchy jingle, but

1020
00:17:18,990 --> 00:17:19,000
their horrendously catchy jingle, but
 

1021
00:17:19,000 --> 00:17:21,189
their horrendously catchy jingle, but
with mixed results. Just take a look at

1022
00:17:21,189 --> 00:17:21,199
with mixed results. Just take a look at
 

1023
00:17:21,199 --> 00:17:22,390
with mixed results. Just take a look at
this video from another factoring

1024
00:17:22,390 --> 00:17:22,400
this video from another factoring
 

1025
00:17:22,400 --> 00:17:25,309
this video from another factoring
company, 1-2-3 Lump Sum.

1026
00:17:25,309 --> 00:17:25,319
company, 1-2-3 Lump Sum.
 

1027
00:17:25,319 --> 00:17:28,069
company, 1-2-3 Lump Sum.
1-2-3 Lump Sum has done a tremendous job

1028
00:17:28,069 --> 00:17:28,079
1-2-3 Lump Sum has done a tremendous job
 

1029
00:17:28,079 --> 00:17:30,310
1-2-3 Lump Sum has done a tremendous job
with their brand. They're everywhere,

1030
00:17:30,310 --> 00:17:30,320
with their brand. They're everywhere,
 

1031
00:17:30,320 --> 00:17:32,270
with their brand. They're everywhere,
especially with that jingle. I mean, how

1032
00:17:32,270 --> 00:17:32,280
especially with that jingle. I mean, how
 

1033
00:17:32,280 --> 00:17:35,790
especially with that jingle. I mean, how
can you not sing their song? 1-2-3 Lump

1034
00:17:35,790 --> 00:17:35,800
can you not sing their song? 1-2-3 Lump
 

1035
00:17:35,800 --> 00:17:37,430
can you not sing their song? 1-2-3 Lump
Sum.

1036
00:17:37,430 --> 00:17:37,440
Sum.
 

1037
00:17:37,440 --> 00:17:39,630
Sum.
1-2-3 Lump Sum.

1038
00:17:39,630 --> 00:17:39,640
1-2-3 Lump Sum.
 

1039
00:17:39,640 --> 00:17:45,190
1-2-3 Lump Sum.
>> 1-2-3 Lump [music] Sum. 1-2-3 Lump Sum.

1040
00:17:45,190 --> 00:17:45,200
>> 1-2-3 Lump [music] Sum. 1-2-3 Lump Sum.
 

1041
00:17:45,200 --> 00:17:47,710
>> 1-2-3 Lump [music] Sum. 1-2-3 Lump Sum.
1-2-3 Lump Sum.

1042
00:17:47,710 --> 00:17:47,720
1-2-3 Lump Sum.
 

1043
00:17:47,720 --> 00:17:49,070
1-2-3 Lump Sum.
Okay.

1044
00:17:49,070 --> 00:17:49,080
Okay.
 

1045
00:17:49,080 --> 00:17:50,030
Okay.
I'm

1046
00:17:50,030 --> 00:17:50,040
I'm
 

1047
00:17:50,040 --> 00:17:51,950
I'm
I'm confused. When you say, "How can you

1048
00:17:51,950 --> 00:17:51,960
I'm confused. When you say, "How can you
 

1049
00:17:51,960 --> 00:17:54,630
I'm confused. When you say, "How can you
not sing their song?" That seems so very

1050
00:17:54,630 --> 00:17:54,640
not sing their song?" That seems so very
 

1051
00:17:54,640 --> 00:17:56,910
not sing their song?" That seems so very
easy not to do.

1052
00:17:56,910 --> 00:17:56,920
easy not to do.
 

1053
00:17:56,920 --> 00:17:58,350
easy not to do.
To be honest, not even the company's own

1054
00:17:58,350 --> 00:17:58,360
To be honest, not even the company's own
 

1055
00:17:58,360 --> 00:18:00,950
To be honest, not even the company's own
employees seem to be able to sing it.

1056
00:18:00,950 --> 00:18:00,960
employees seem to be able to sing it.
 

1057
00:18:00,960 --> 00:18:02,550
employees seem to be able to sing it.
In general, factoring companies like to

1058
00:18:02,550 --> 00:18:02,560
In general, factoring companies like to
 

1059
00:18:02,560 --> 00:18:03,950
In general, factoring companies like to
present themselves as performing a

1060
00:18:03,950 --> 00:18:03,960
present themselves as performing a
 

1061
00:18:03,960 --> 00:18:05,710
present themselves as performing a
public service, lending people

1062
00:18:05,710 --> 00:18:05,720
public service, lending people
 

1063
00:18:05,720 --> 00:18:07,790
public service, lending people
assistance to get around a system too

1064
00:18:07,790 --> 00:18:07,800
assistance to get around a system too
 

1065
00:18:07,800 --> 00:18:10,310
assistance to get around a system too
inflexible for their needs. Here is a

1066
00:18:10,310 --> 00:18:10,320
inflexible for their needs. Here is a
 

1067
00:18:10,320 --> 00:18:12,750
inflexible for their needs. Here is a
non-jingle-based J.G. Wentworth ad

1068
00:18:12,750 --> 00:18:12,760
non-jingle-based J.G. Wentworth ad
 

1069
00:18:12,760 --> 00:18:14,150
non-jingle-based J.G. Wentworth ad
making that case through a pretty

1070
00:18:14,150 --> 00:18:14,160
making that case through a pretty
 

1071
00:18:14,160 --> 00:18:16,390
making that case through a pretty
patronizing analogy.

1072
00:18:16,390 --> 00:18:16,400
patronizing analogy.
 

1073
00:18:16,400 --> 00:18:18,310
patronizing analogy.
I know you love to draw.

1074
00:18:18,310 --> 00:18:18,320
I know you love to draw.
 

1075
00:18:18,320 --> 00:18:20,590
I know you love to draw.
Here are some crayons.

1076
00:18:20,590 --> 00:18:20,600
Here are some crayons.
 

1077
00:18:20,600 --> 00:18:23,150
Here are some crayons.
You get [music] one crayon now, and then

1078
00:18:23,150 --> 00:18:23,160
You get [music] one crayon now, and then
 

1079
00:18:23,160 --> 00:18:24,990
You get [music] one crayon now, and then
you get one crayon a year for the next

1080
00:18:24,990 --> 00:18:25,000
you get one crayon a year for the next
 

1081
00:18:25,000 --> 00:18:27,550
you get one crayon a year for the next
25 years.

1082
00:18:27,550 --> 00:18:27,560
25 years.
 

1083
00:18:27,560 --> 00:18:30,470
25 years.
Can't I have the red one, too?

1084
00:18:30,470 --> 00:18:30,480
Can't I have the red one, too?
 

1085
00:18:30,480 --> 00:18:33,190
Can't I have the red one, too?
Not until this time next year.

1086
00:18:33,190 --> 00:18:33,200
Not until this time next year.
 

1087
00:18:33,200 --> 00:18:36,830
Not until this time next year.
But I really need the red.

1088
00:18:36,830 --> 00:18:36,840
But I really need the red.
 

1089
00:18:36,840 --> 00:18:38,670
But I really need the red.
One crayon a year doesn't make sense,

1090
00:18:38,670 --> 00:18:38,680
One crayon a year doesn't make sense,
 

1091
00:18:38,680 --> 00:18:40,510
One crayon a year doesn't make sense,
does [music] it? And sometimes neither

1092
00:18:40,510 --> 00:18:40,520
does [music] it? And sometimes neither
 

1093
00:18:40,520 --> 00:18:41,670
does [music] it? And sometimes neither
does waiting for my structured

1094
00:18:41,670 --> 00:18:41,680
does waiting for my structured
 

1095
00:18:41,680 --> 00:18:43,270
does waiting for my structured
settlement payments.

1096
00:18:43,270 --> 00:18:43,280
settlement payments.
 

1097
00:18:43,280 --> 00:18:44,430
settlement payments.
Okay.

1098
00:18:44,430 --> 00:18:44,440
Okay.
 

1099
00:18:44,440 --> 00:18:47,510
Okay.
Plus, it is a little condescending to

1100
00:18:47,510 --> 00:18:47,520
Plus, it is a little condescending to
 

1101
00:18:47,520 --> 00:18:49,270
Plus, it is a little condescending to
have an ad whose message is essentially,

1102
00:18:49,270 --> 00:18:49,280
have an ad whose message is essentially,
 

1103
00:18:49,280 --> 00:18:51,070
have an ad whose message is essentially,
"You are a child and you want more

1104
00:18:51,070 --> 00:18:51,080
"You are a child and you want more
 

1105
00:18:51,080 --> 00:18:52,910
"You are a child and you want more
crayons now."

1106
00:18:52,910 --> 00:18:52,920
crayons now."
 

1107
00:18:52,920 --> 00:18:54,390
crayons now."
But the bigger problem is that that ad

1108
00:18:54,390 --> 00:18:54,400
But the bigger problem is that that ad
 

1109
00:18:54,400 --> 00:18:55,750
But the bigger problem is that that ad
doesn't clearly explain that while you

1110
00:18:55,750 --> 00:18:55,760
doesn't clearly explain that while you
 

1111
00:18:55,760 --> 00:18:57,830
doesn't clearly explain that while you
might get a second crayon right now, it

1112
00:18:57,830 --> 00:18:57,840
might get a second crayon right now, it
 

1113
00:18:57,840 --> 00:19:00,430
might get a second crayon right now, it
could end up costing you half the box.

1114
00:19:00,430 --> 00:19:00,440
could end up costing you half the box.
 

1115
00:19:00,440 --> 00:19:02,270
could end up costing you half the box.
And that is something that many who

1116
00:19:02,270 --> 00:19:02,280
And that is something that many who
 

1117
00:19:02,280 --> 00:19:03,950
And that is something that many who
enter into these deals don't fully

1118
00:19:03,950 --> 00:19:03,960
enter into these deals don't fully
 

1119
00:19:03,960 --> 00:19:05,910
enter into these deals don't fully
understand. Partly because they are

1120
00:19:05,910 --> 00:19:05,920
understand. Partly because they are
 

1121
00:19:05,920 --> 00:19:07,750
understand. Partly because they are
complex transactions, but in many cases

1122
00:19:07,750 --> 00:19:07,760
complex transactions, but in many cases
 

1123
00:19:07,760 --> 00:19:09,230
complex transactions, but in many cases
because people with structured

1124
00:19:09,230 --> 00:19:09,240
because people with structured
 

1125
00:19:09,240 --> 00:19:10,750
because people with structured
settlements are likely you have some

1126
00:19:10,750 --> 00:19:10,760
settlements are likely you have some
 

1127
00:19:10,760 --> 00:19:12,590
settlements are likely you have some
form of permanent disability from the

1128
00:19:12,590 --> 00:19:12,600
form of permanent disability from the
 

1129
00:19:12,600 --> 00:19:14,310
form of permanent disability from the
incident that led to the settlement that

1130
00:19:14,310 --> 00:19:14,320
incident that led to the settlement that
 

1131
00:19:14,320 --> 00:19:16,510
incident that led to the settlement that
affects them physically and in many

1132
00:19:16,510 --> 00:19:16,520
affects them physically and in many
 

1133
00:19:16,520 --> 00:19:18,630
affects them physically and in many
cases cognitively, behaviorally, and

1134
00:19:18,630 --> 00:19:18,640
cases cognitively, behaviorally, and
 

1135
00:19:18,640 --> 00:19:20,830
cases cognitively, behaviorally, and
emotionally. In fact, some of the first

1136
00:19:20,830 --> 00:19:20,840
emotionally. In fact, some of the first
 

1137
00:19:20,840 --> 00:19:22,510
emotionally. In fact, some of the first
in-depth reporting on this industry came

1138
00:19:22,510 --> 00:19:22,520
in-depth reporting on this industry came
 

1139
00:19:22,520 --> 00:19:23,910
in-depth reporting on this industry came
in the wake of the killing of Freddie

1140
00:19:23,910 --> 00:19:23,920
in the wake of the killing of Freddie
 

1141
00:19:23,920 --> 00:19:26,270
in the wake of the killing of Freddie
Gray in Baltimore. Afterward, reporters

1142
00:19:26,270 --> 00:19:26,280
Gray in Baltimore. Afterward, reporters
 

1143
00:19:26,280 --> 00:19:27,670
Gray in Baltimore. Afterward, reporters
discovered that he'd been awarded a

1144
00:19:27,670 --> 00:19:27,680
discovered that he'd been awarded a
 

1145
00:19:27,680 --> 00:19:29,270
discovered that he'd been awarded a
structured settlement as the result of a

1146
00:19:29,270 --> 00:19:29,280
structured settlement as the result of a
 

1147
00:19:29,280 --> 00:19:31,630
structured settlement as the result of a
lead paint lawsuit as had his sisters.

1148
00:19:31,630 --> 00:19:31,640
lead paint lawsuit as had his sisters.
 

1149
00:19:31,640 --> 00:19:33,830
lead paint lawsuit as had his sisters.
And they later sold them to a factoring

1150
00:19:33,830 --> 00:19:33,840
And they later sold them to a factoring
 

1151
00:19:33,840 --> 00:19:35,630
And they later sold them to a factoring
company. And as reporters kept poking

1152
00:19:35,630 --> 00:19:35,640
company. And as reporters kept poking
 

1153
00:19:35,640 --> 00:19:37,070
company. And as reporters kept poking
around, they discovered many in

1154
00:19:37,070 --> 00:19:37,080
around, they discovered many in
 

1155
00:19:37,080 --> 00:19:39,590
around, they discovered many in
Baltimore had a similar story and some

1156
00:19:39,590 --> 00:19:39,600
Baltimore had a similar story and some
 

1157
00:19:39,600 --> 00:19:41,110
Baltimore had a similar story and some
didn't seem to fully understand the

1158
00:19:41,110 --> 00:19:41,120
didn't seem to fully understand the
 

1159
00:19:41,120 --> 00:19:43,310
didn't seem to fully understand the
contract they were signing. Take Crystal

1160
00:19:43,310 --> 00:19:43,320
contract they were signing. Take Crystal
 

1161
00:19:43,320 --> 00:19:44,950
contract they were signing. Take Crystal
Linton, who was also exposed to lead

1162
00:19:44,950 --> 00:19:44,960
Linton, who was also exposed to lead
 

1163
00:19:44,960 --> 00:19:46,470
Linton, who was also exposed to lead
paint as a child, which as she will tell

1164
00:19:46,470 --> 00:19:46,480
paint as a child, which as she will tell
 

1165
00:19:46,480 --> 00:19:49,350
paint as a child, which as she will tell
you led to irreversible brain damage.

1166
00:19:49,350 --> 00:19:49,360
you led to irreversible brain damage.
 

1167
00:19:49,360 --> 00:19:50,830
you led to irreversible brain damage.
I was um

1168
00:19:50,830 --> 00:19:50,840
I was um
 

1169
00:19:50,840 --> 00:19:53,310
I was um
in special education probably like

1170
00:19:53,310 --> 00:19:53,320
in special education probably like
 

1171
00:19:53,320 --> 00:19:56,470
in special education probably like
for a few years and trouble reading and

1172
00:19:56,470 --> 00:19:56,480
for a few years and trouble reading and
 

1173
00:19:56,480 --> 00:19:59,350
for a few years and trouble reading and
writing. I can't remember

1174
00:19:59,350 --> 00:19:59,360
writing. I can't remember
 

1175
00:19:59,360 --> 00:20:01,950
writing. I can't remember
everything. A psychologist found she was

1176
00:20:01,950 --> 00:20:01,960
everything. A psychologist found she was
 

1177
00:20:01,960 --> 00:20:03,590
everything. A psychologist found she was
left functionally illiterate with a

1178
00:20:03,590 --> 00:20:03,600
left functionally illiterate with a
 

1179
00:20:03,600 --> 00:20:05,750
left functionally illiterate with a
fourth-grade reading level. Her family

1180
00:20:05,750 --> 00:20:05,760
fourth-grade reading level. Her family
 

1181
00:20:05,760 --> 00:20:08,310
fourth-grade reading level. Her family
sued two landlords, eventually settling

1182
00:20:08,310 --> 00:20:08,320
sued two landlords, eventually settling
 

1183
00:20:08,320 --> 00:20:10,510
sued two landlords, eventually settling
for $630,000.

1184
00:20:10,510 --> 00:20:10,520
for $630,000.
 

1185
00:20:10,520 --> 00:20:12,710
for $630,000.
But then she started getting flyers like

1186
00:20:12,710 --> 00:20:12,720
But then she started getting flyers like
 

1187
00:20:12,720 --> 00:20:15,470
But then she started getting flyers like
these in the mail offering quick cash

1188
00:20:15,470 --> 00:20:15,480
these in the mail offering quick cash
 

1189
00:20:15,480 --> 00:20:17,670
these in the mail offering quick cash
from companies including Stone Street

1190
00:20:17,670 --> 00:20:17,680
from companies including Stone Street
 

1191
00:20:17,680 --> 00:20:20,070
from companies including Stone Street
Capital of Bethesda, Maryland. Over the

1192
00:20:20,070 --> 00:20:20,080
Capital of Bethesda, Maryland. Over the
 

1193
00:20:20,080 --> 00:20:22,190
Capital of Bethesda, Maryland. Over the
next year and a half, she sold her

1194
00:20:22,190 --> 00:20:22,200
next year and a half, she sold her
 

1195
00:20:22,200 --> 00:20:26,350
next year and a half, she sold her
payment stream, then valued at $408,000

1196
00:20:26,350 --> 00:20:26,360
payment stream, then valued at $408,000
 

1197
00:20:26,360 --> 00:20:28,030
payment stream, then valued at $408,000
for $66,000,

1198
00:20:28,030 --> 00:20:28,040
for $66,000,
 

1199
00:20:28,040 --> 00:20:30,230
for $66,000,
most of it to Stone Street Capital. Do

1200
00:20:30,230 --> 00:20:30,240
most of it to Stone Street Capital. Do
 

1201
00:20:30,240 --> 00:20:32,950
most of it to Stone Street Capital. Do
you feel like you understood No.

1202
00:20:32,950 --> 00:20:32,960
you feel like you understood No.
 

1203
00:20:32,960 --> 00:20:33,790
you feel like you understood No.
>> how it worked?

1204
00:20:33,790 --> 00:20:33,800
>> how it worked?
 

1205
00:20:33,800 --> 00:20:36,110
>> how it worked?
>> No. So you don't know how you signed

1206
00:20:36,110 --> 00:20:36,120
>> No. So you don't know how you signed
 

1207
00:20:36,120 --> 00:20:39,310
>> No. So you don't know how you signed
away your money essentially? Um no.

1208
00:20:39,310 --> 00:20:39,320
away your money essentially? Um no.
 

1209
00:20:39,320 --> 00:20:41,310
away your money essentially? Um no.
Yeah, that company persuaded someone to

1210
00:20:41,310 --> 00:20:41,320
Yeah, that company persuaded someone to
 

1211
00:20:41,320 --> 00:20:43,310
Yeah, that company persuaded someone to
sign something valuable away despite her

1212
00:20:43,310 --> 00:20:43,320
sign something valuable away despite her
 

1213
00:20:43,320 --> 00:20:45,030
sign something valuable away despite her
not fully understanding the risks

1214
00:20:45,030 --> 00:20:45,040
not fully understanding the risks
 

1215
00:20:45,040 --> 00:20:47,790
not fully understanding the risks
involved. That is so obviously terrible,

1216
00:20:47,790 --> 00:20:47,800
involved. That is so obviously terrible,
 

1217
00:20:47,800 --> 00:20:49,430
involved. That is so obviously terrible,
it's literally what the villain does in

1218
00:20:49,430 --> 00:20:49,440
it's literally what the villain does in
 

1219
00:20:49,440 --> 00:20:51,310
it's literally what the villain does in
The Little Mermaid.

1220
00:20:51,310 --> 00:20:51,320
The Little Mermaid.
 

1221
00:20:51,320 --> 00:20:52,910
The Little Mermaid.
Except in this case, the contract came

1222
00:20:52,910 --> 00:20:52,920
Except in this case, the contract came
 

1223
00:20:52,920 --> 00:20:54,390
Except in this case, the contract came
from a factoring company instead of a

1224
00:20:54,390 --> 00:20:54,400
from a factoring company instead of a
 

1225
00:20:54,400 --> 00:20:56,670
from a factoring company instead of a
sassy half octopus whose only friends

1226
00:20:56,670 --> 00:20:56,680
sassy half octopus whose only friends
 

1227
00:20:56,680 --> 00:20:58,914
sassy half octopus whose only friends
are two eels.

1228
00:20:58,914 --> 00:20:58,924
are two eels.
 

1229
00:20:58,924 --> 00:20:59,470
are two eels.
>> [laughter]

1230
00:20:59,470 --> 00:20:59,480
>> [laughter]
 

1231
00:20:59,480 --> 00:21:00,950
>> [laughter]
>> And Crystal wasn't alone in getting

1232
00:21:00,950 --> 00:21:00,960
>> And Crystal wasn't alone in getting
 

1233
00:21:00,960 --> 00:21:02,670
>> And Crystal wasn't alone in getting
targeted. Another company, Access

1234
00:21:02,670 --> 00:21:02,680
targeted. Another company, Access
 

1235
00:21:02,680 --> 00:21:04,670
targeted. Another company, Access
Funding, allegedly did deals with at

1236
00:21:04,670 --> 00:21:04,680
Funding, allegedly did deals with at
 

1237
00:21:04,680 --> 00:21:06,110
Funding, allegedly did deals with at
least a hundred injured and

1238
00:21:06,110 --> 00:21:06,120
least a hundred injured and
 

1239
00:21:06,120 --> 00:21:07,870
least a hundred injured and
intellectually impaired Marylanders,

1240
00:21:07,870 --> 00:21:07,880
intellectually impaired Marylanders,
 

1241
00:21:07,880 --> 00:21:10,230
intellectually impaired Marylanders,
most of whom were victims of lead paint

1242
00:21:10,230 --> 00:21:10,240
most of whom were victims of lead paint
 

1243
00:21:10,240 --> 00:21:12,630
most of whom were victims of lead paint
poisoning. And they were aggressive in

1244
00:21:12,630 --> 00:21:12,640
poisoning. And they were aggressive in
 

1245
00:21:12,640 --> 00:21:14,150
poisoning. And they were aggressive in
searching for clients. At one point,

1246
00:21:14,150 --> 00:21:14,160
searching for clients. At one point,
 

1247
00:21:14,160 --> 00:21:16,310
searching for clients. At one point,
they had 22 billboards throughout the

1248
00:21:16,310 --> 00:21:16,320
they had 22 billboards throughout the
 

1249
00:21:16,320 --> 00:21:18,510
they had 22 billboards throughout the
city like these, urging victims of lead

1250
00:21:18,510 --> 00:21:18,520
city like these, urging victims of lead
 

1251
00:21:18,520 --> 00:21:21,230
city like these, urging victims of lead
paint poisoning to get cash now.

1252
00:21:21,230 --> 00:21:21,240
paint poisoning to get cash now.
 

1253
00:21:21,240 --> 00:21:22,750
paint poisoning to get cash now.
Meanwhile, its employees apparently

1254
00:21:22,750 --> 00:21:22,760
Meanwhile, its employees apparently
 

1255
00:21:22,760 --> 00:21:25,390
Meanwhile, its employees apparently
worked to identify lead paint virgins,

1256
00:21:25,390 --> 00:21:25,400
worked to identify lead paint virgins,
 

1257
00:21:25,400 --> 00:21:26,870
worked to identify lead paint virgins,
which is to say finding people who'd

1258
00:21:26,870 --> 00:21:26,880
which is to say finding people who'd
 

1259
00:21:26,880 --> 00:21:29,070
which is to say finding people who'd
received lead paint settlements, but had

1260
00:21:29,070 --> 00:21:29,080
received lead paint settlements, but had
 

1261
00:21:29,080 --> 00:21:31,110
received lead paint settlements, but had
not sold them yet, as part of what it

1262
00:21:31,110 --> 00:21:31,120
not sold them yet, as part of what it
 

1263
00:21:31,120 --> 00:21:34,070
not sold them yet, as part of what it
called its virgin research project.

1264
00:21:34,070 --> 00:21:34,080
called its virgin research project.
 

1265
00:21:34,080 --> 00:21:35,510
called its virgin research project.
Which is obviously terrible, but in part

1266
00:21:35,510 --> 00:21:35,520
Which is obviously terrible, but in part
 

1267
00:21:35,520 --> 00:21:37,270
Which is obviously terrible, but in part
because virgin research project sounds

1268
00:21:37,270 --> 00:21:37,280
because virgin research project sounds
 

1269
00:21:37,280 --> 00:21:38,870
because virgin research project sounds
like an in-depth study of a college a

1270
00:21:38,870 --> 00:21:38,880
like an in-depth study of a college a
 

1271
00:21:38,880 --> 00:21:40,180
like an in-depth study of a college a
cappella group.

1272
00:21:40,180 --> 00:21:40,190
cappella group.
 

1273
00:21:40,190 --> 00:21:41,310
cappella group.
>> [laughter]

1274
00:21:41,310 --> 00:21:41,320
>> [laughter]
 

1275
00:21:41,320 --> 00:21:43,390
>> [laughter]
>> And internal emails later showed just

1276
00:21:43,390 --> 00:21:43,400
>> And internal emails later showed just
 

1277
00:21:43,400 --> 00:21:46,270
>> And internal emails later showed just
how excited Access Funding was about

1278
00:21:46,270 --> 00:21:46,280
how excited Access Funding was about
 

1279
00:21:46,280 --> 00:21:48,790
how excited Access Funding was about
their potential new client pool.

1280
00:21:48,790 --> 00:21:48,800
their potential new client pool.
 

1281
00:21:48,800 --> 00:21:50,310
their potential new client pool.
There's a whole generation in their

1282
00:21:50,310 --> 00:21:50,320
There's a whole generation in their
 

1283
00:21:50,320 --> 00:21:52,630
There's a whole generation in their
mid-20s to mid-30s that all have lead

1284
00:21:52,630 --> 00:21:52,640
mid-20s to mid-30s that all have lead
 

1285
00:21:52,640 --> 00:21:54,270
mid-20s to mid-30s that all have lead
paint settlements, one executive wrote

1286
00:21:54,270 --> 00:21:54,280
paint settlements, one executive wrote
 

1287
00:21:54,280 --> 00:21:56,230
paint settlements, one executive wrote
to another. All the row houses had

1288
00:21:56,230 --> 00:21:56,240
to another. All the row houses had
 

1289
00:21:56,240 --> 00:21:58,590
to another. All the row houses had
paint. We signed two brothers at once,

1290
00:21:58,590 --> 00:21:58,600
paint. We signed two brothers at once,
 

1291
00:21:58,600 --> 00:22:01,430
paint. We signed two brothers at once,
and while there, our rep found two other

1292
00:22:01,430 --> 00:22:01,440
and while there, our rep found two other
 

1293
00:22:01,440 --> 00:22:03,310
and while there, our rep found two other
family members have payments, and their

1294
00:22:03,310 --> 00:22:03,320
family members have payments, and their
 

1295
00:22:03,320 --> 00:22:06,510
family members have payments, and their
friends do, too. This is an opportunity.

1296
00:22:06,510 --> 00:22:06,520
friends do, too. This is an opportunity.
 

1297
00:22:06,520 --> 00:22:09,070
friends do, too. This is an opportunity.
Wow, that is a lot of excitement for an

1298
00:22:09,070 --> 00:22:09,080
Wow, that is a lot of excitement for an
 

1299
00:22:09,080 --> 00:22:11,630
Wow, that is a lot of excitement for an
email about lead poisoning.

1300
00:22:11,630 --> 00:22:11,640
email about lead poisoning.
 

1301
00:22:11,640 --> 00:22:13,510
email about lead poisoning.
And that is generally not how I would

1302
00:22:13,510 --> 00:22:13,520
And that is generally not how I would
 

1303
00:22:13,520 --> 00:22:15,750
And that is generally not how I would
use the word opportunity.

1304
00:22:15,750 --> 00:22:15,760
use the word opportunity.
 

1305
00:22:15,760 --> 00:22:17,270
use the word opportunity.
An opportunity would be your roommate

1306
00:22:17,270 --> 00:22:17,280
An opportunity would be your roommate
 

1307
00:22:17,280 --> 00:22:19,550
An opportunity would be your roommate
giving away her cool jacket, or someone

1308
00:22:19,550 --> 00:22:19,560
giving away her cool jacket, or someone
 

1309
00:22:19,560 --> 00:22:21,070
giving away her cool jacket, or someone
in a coffee shop packing up their things

1310
00:22:21,070 --> 00:22:21,080
in a coffee shop packing up their things
 

1311
00:22:21,080 --> 00:22:22,830
in a coffee shop packing up their things
at the only table that has an outlet, or

1312
00:22:22,830 --> 00:22:22,840
at the only table that has an outlet, or
 

1313
00:22:22,840 --> 00:22:24,310
at the only table that has an outlet, or
your child ordering an ice cream that

1314
00:22:24,310 --> 00:22:24,320
your child ordering an ice cream that
 

1315
00:22:24,320 --> 00:22:25,710
your child ordering an ice cream that
they definitely won't finish, and it's

1316
00:22:25,710 --> 00:22:25,720
they definitely won't finish, and it's
 

1317
00:22:25,720 --> 00:22:26,870
they definitely won't finish, and it's
actually a normal flavor this time

1318
00:22:26,870 --> 00:22:26,880
actually a normal flavor this time
 

1319
00:22:26,880 --> 00:22:28,750
actually a normal flavor this time
instead of something blue.

1320
00:22:28,750 --> 00:22:28,760
instead of something blue.
 

1321
00:22:28,760 --> 00:22:32,670
instead of something blue.
Massive lead poisoning is not that.

1322
00:22:32,670 --> 00:22:32,680
Massive lead poisoning is not that.
 

1323
00:22:32,680 --> 00:22:34,150
Massive lead poisoning is not that.
And it gets worse, because in other

1324
00:22:34,150 --> 00:22:34,160
And it gets worse, because in other
 

1325
00:22:34,160 --> 00:22:35,670
And it gets worse, because in other
emails, the company's head of sales

1326
00:22:35,670 --> 00:22:35,680
emails, the company's head of sales
 

1327
00:22:35,680 --> 00:22:37,110
emails, the company's head of sales
wrote that their clientele can barely

1328
00:22:37,110 --> 00:22:37,120
wrote that their clientele can barely
 

1329
00:22:37,120 --> 00:22:39,630
wrote that their clientele can barely
form sentences. And its sales manual

1330
00:22:39,630 --> 00:22:39,640
form sentences. And its sales manual
 

1331
00:22:39,640 --> 00:22:41,630
form sentences. And its sales manual
instructed staff to bombard potential

1332
00:22:41,630 --> 00:22:41,640
instructed staff to bombard potential
 

1333
00:22:41,640 --> 00:22:43,350
instructed staff to bombard potential
customers with calls, saying, "You are

1334
00:22:43,350 --> 00:22:43,360
customers with calls, saying, "You are
 

1335
00:22:43,360 --> 00:22:46,030
customers with calls, saying, "You are
expected to call that lead 9 to 10 times

1336
00:22:46,030 --> 00:22:46,040
expected to call that lead 9 to 10 times
 

1337
00:22:46,040 --> 00:22:48,110
expected to call that lead 9 to 10 times
a day for the next 3 days, and you must

1338
00:22:48,110 --> 00:22:48,120
a day for the next 3 days, and you must
 

1339
00:22:48,120 --> 00:22:49,990
a day for the next 3 days, and you must
also be texting them, emailing them, and

1340
00:22:49,990 --> 00:22:50,000
also be texting them, emailing them, and
 

1341
00:22:50,000 --> 00:22:51,750
also be texting them, emailing them, and
trying to find them on social media like

1342
00:22:51,750 --> 00:22:51,760
trying to find them on social media like
 

1343
00:22:51,760 --> 00:22:53,910
trying to find them on social media like
Facebook." It also specified that the

1344
00:22:53,910 --> 00:22:53,920
Facebook." It also specified that the
 

1345
00:22:53,920 --> 00:22:55,830
Facebook." It also specified that the
people who either call in or apply very

1346
00:22:55,830 --> 00:22:55,840
people who either call in or apply very
 

1347
00:22:55,840 --> 00:22:57,830
people who either call in or apply very
late at night are most likely the best

1348
00:22:57,830 --> 00:22:57,840
late at night are most likely the best
 

1349
00:22:57,840 --> 00:23:00,270
late at night are most likely the best
leads, because they are the people who

1350
00:23:00,270 --> 00:23:00,280
leads, because they are the people who
 

1351
00:23:00,280 --> 00:23:02,470
leads, because they are the people who
are up at night worrying about money.

1352
00:23:02,470 --> 00:23:02,480
are up at night worrying about money.
 

1353
00:23:02,480 --> 00:23:04,590
are up at night worrying about money.
And if that wasn't bad enough, the last

1354
00:23:04,590 --> 00:23:04,600
And if that wasn't bad enough, the last
 

1355
00:23:04,600 --> 00:23:06,630
And if that wasn't bad enough, the last
page of that manual said to be careful

1356
00:23:06,630 --> 00:23:06,640
page of that manual said to be careful
 

1357
00:23:06,640 --> 00:23:09,030
page of that manual said to be careful
what you put in writing and assume that

1358
00:23:09,030 --> 00:23:09,040
what you put in writing and assume that
 

1359
00:23:09,040 --> 00:23:10,910
what you put in writing and assume that
every email you write will show up on

1360
00:23:10,910 --> 00:23:10,920
every email you write will show up on
 

1361
00:23:10,920 --> 00:23:12,750
every email you write will show up on
the cover of the Wall Street Journal,

1362
00:23:12,750 --> 00:23:12,760
the cover of the Wall Street Journal,
 

1363
00:23:12,760 --> 00:23:15,150
the cover of the Wall Street Journal,
which is CLEARLY A PRETTY stupid

1364
00:23:15,150 --> 00:23:15,160
which is CLEARLY A PRETTY stupid
 

1365
00:23:15,160 --> 00:23:18,070
which is CLEARLY A PRETTY stupid
thing to put in writing.

1366
00:23:18,070 --> 00:23:18,080
thing to put in writing.
 

1367
00:23:18,080 --> 00:23:18,910
thing to put in writing.
Now,

1368
00:23:18,910 --> 00:23:18,920
Now,
 

1369
00:23:18,920 --> 00:23:20,710
Now,
thanks in part to those aggressive

1370
00:23:20,710 --> 00:23:20,720
thanks in part to those aggressive
 

1371
00:23:20,720 --> 00:23:22,590
thanks in part to those aggressive
tactics, the Maryland AG estimates that

1372
00:23:22,590 --> 00:23:22,600
tactics, the Maryland AG estimates that
 

1373
00:23:22,600 --> 00:23:24,710
tactics, the Maryland AG estimates that
over a period of around 2 years, Access

1374
00:23:24,710 --> 00:23:24,720
over a period of around 2 years, Access
 

1375
00:23:24,720 --> 00:23:26,230
over a period of around 2 years, Access
Funding acquired future payments with a

1376
00:23:26,230 --> 00:23:26,240
Funding acquired future payments with a
 

1377
00:23:26,240 --> 00:23:29,350
Funding acquired future payments with a
total value of 32.6 million dollars for

1378
00:23:29,350 --> 00:23:29,360
total value of 32.6 million dollars for
 

1379
00:23:29,360 --> 00:23:32,710
total value of 32.6 million dollars for
which it paid out at most 7.5 million.

1380
00:23:32,710 --> 00:23:32,720
which it paid out at most 7.5 million.
 

1381
00:23:32,720 --> 00:23:34,790
which it paid out at most 7.5 million.
And the thing is, those kind of

1382
00:23:34,790 --> 00:23:34,800
And the thing is, those kind of
 

1383
00:23:34,800 --> 00:23:37,190
And the thing is, those kind of
aggressive sales tactics can be par for

1384
00:23:37,190 --> 00:23:37,200
aggressive sales tactics can be par for
 

1385
00:23:37,200 --> 00:23:38,670
aggressive sales tactics can be par for
the course in this industry because

1386
00:23:38,670 --> 00:23:38,680
the course in this industry because
 

1387
00:23:38,680 --> 00:23:40,430
the course in this industry because
while these companies love to present

1388
00:23:40,430 --> 00:23:40,440
while these companies love to present
 

1389
00:23:40,440 --> 00:23:42,270
while these companies love to present
themselves as only helping people with

1390
00:23:42,270 --> 00:23:42,280
themselves as only helping people with
 

1391
00:23:42,280 --> 00:23:44,590
themselves as only helping people with
specific, understandable needs for their

1392
00:23:44,590 --> 00:23:44,600
specific, understandable needs for their
 

1393
00:23:44,600 --> 00:23:46,990
specific, understandable needs for their
settlement money, the truth is they

1394
00:23:46,990 --> 00:23:47,000
settlement money, the truth is they
 

1395
00:23:47,000 --> 00:23:49,590
settlement money, the truth is they
might be the ones creating that need.

1396
00:23:49,590 --> 00:23:49,600
might be the ones creating that need.
 

1397
00:23:49,600 --> 00:23:51,510
might be the ones creating that need.
Here is one J.G. Wentworth employee on a

1398
00:23:51,510 --> 00:23:51,520
Here is one J.G. Wentworth employee on a
 

1399
00:23:51,520 --> 00:23:53,670
Here is one J.G. Wentworth employee on a
podcast about sales tactics talking

1400
00:23:53,670 --> 00:23:53,680
podcast about sales tactics talking
 

1401
00:23:53,680 --> 00:23:56,470
podcast about sales tactics talking
about cold calling potential prospects.

1402
00:23:56,470 --> 00:23:56,480
about cold calling potential prospects.
 

1403
00:23:56,480 --> 00:23:57,990
about cold calling potential prospects.
When you call somebody,

1404
00:23:57,990 --> 00:23:58,000
When you call somebody,
 

1405
00:23:58,000 --> 00:24:00,310
When you call somebody,
they don't need anything. They they it's

1406
00:24:00,310 --> 00:24:00,320
they don't need anything. They they it's
 

1407
00:24:00,320 --> 00:24:01,950
they don't need anything. They they it's
you got to unlock the wants. Like, you

1408
00:24:01,950 --> 00:24:01,960
you got to unlock the wants. Like, you
 

1409
00:24:01,960 --> 00:24:03,190
you got to unlock the wants. Like, you
got to unlock what they want. They don't

1410
00:24:03,190 --> 00:24:03,200
got to unlock what they want. They don't
 

1411
00:24:03,200 --> 00:24:04,390
got to unlock what they want. They don't
need anything. They call you when they

1412
00:24:04,390 --> 00:24:04,400
need anything. They call you when they
 

1413
00:24:04,400 --> 00:24:06,670
need anything. They call you when they
need something. So, know the difference.

1414
00:24:06,670 --> 00:24:06,680
need something. So, know the difference.
 

1415
00:24:06,680 --> 00:24:08,630
need something. So, know the difference.
So, absolutely can prospect. Absolutely.

1416
00:24:08,630 --> 00:24:08,640
So, absolutely can prospect. Absolutely.
 

1417
00:24:08,640 --> 00:24:09,910
So, absolutely can prospect. Absolutely.
Just know that you're dealing with a

1418
00:24:09,910 --> 00:24:09,920
Just know that you're dealing with a
 

1419
00:24:09,920 --> 00:24:11,190
Just know that you're dealing with a
different animal when you start making

1420
00:24:11,190 --> 00:24:11,200
different animal when you start making
 

1421
00:24:11,200 --> 00:24:12,830
different animal when you start making
those outbound calls. They don't need

1422
00:24:12,830 --> 00:24:12,840
those outbound calls. They don't need
 

1423
00:24:12,840 --> 00:24:15,350
those outbound calls. They don't need
anything. You got to unlock wants. Okay.

1424
00:24:15,350 --> 00:24:15,360
anything. You got to unlock wants. Okay.
 

1425
00:24:15,360 --> 00:24:18,030
anything. You got to unlock wants. Okay.
Unlocking wants clearly shouldn't be a

1426
00:24:18,030 --> 00:24:18,040
Unlocking wants clearly shouldn't be a
 

1427
00:24:18,040 --> 00:24:19,870
Unlocking wants clearly shouldn't be a
tactic for getting access to someone's

1428
00:24:19,870 --> 00:24:19,880
tactic for getting access to someone's
 

1429
00:24:19,880 --> 00:24:21,870
tactic for getting access to someone's
structured settlement. At best, it

1430
00:24:21,870 --> 00:24:21,880
structured settlement. At best, it
 

1431
00:24:21,880 --> 00:24:23,470
structured settlement. At best, it
should be a tagline for a YouTube pickup

1432
00:24:23,470 --> 00:24:23,480
should be a tagline for a YouTube pickup
 

1433
00:24:23,480 --> 00:24:25,470
should be a tagline for a YouTube pickup
artist with 30 followers

1434
00:24:25,470 --> 00:24:25,480
artist with 30 followers
 

1435
00:24:25,480 --> 00:24:26,830
artist with 30 followers
or the name of a romance fantasy book

1436
00:24:26,830 --> 00:24:26,840
or the name of a romance fantasy book
 

1437
00:24:26,840 --> 00:24:28,230
or the name of a romance fantasy book
about an imprisoned centaur that falls

1438
00:24:28,230 --> 00:24:28,240
about an imprisoned centaur that falls
 

1439
00:24:28,240 --> 00:24:29,710
about an imprisoned centaur that falls
in love with a hot dragon or whatever. I

1440
00:24:29,710 --> 00:24:29,720
in love with a hot dragon or whatever. I
 

1441
00:24:29,720 --> 00:24:30,550
in love with a hot dragon or whatever. I
just

1442
00:24:30,550 --> 00:24:30,560
just
 

1443
00:24:30,560 --> 00:24:32,510
just
I don't care about it, okay? Now, read

1444
00:24:32,510 --> 00:24:32,520
I don't care about it, okay? Now, read
 

1445
00:24:32,520 --> 00:24:34,070
I don't care about it, okay? Now, read
whatever you want, have fun, jerk off to

1446
00:24:34,070 --> 00:24:34,080
whatever you want, have fun, jerk off to
 

1447
00:24:34,080 --> 00:24:36,070
whatever you want, have fun, jerk off to
magic, but I simply

1448
00:24:36,070 --> 00:24:36,080
magic, but I simply
 

1449
00:24:36,080 --> 00:24:39,390
magic, but I simply
I I simply cannot care.

1450
00:24:39,390 --> 00:24:39,400
I I simply cannot care.
 

1451
00:24:39,400 --> 00:24:42,110
I I simply cannot care.
And that process of unlocking wants can

1452
00:24:42,110 --> 00:24:42,120
And that process of unlocking wants can
 

1453
00:24:42,120 --> 00:24:44,470
And that process of unlocking wants can
start as soon as someone's able to sign

1454
00:24:44,470 --> 00:24:44,480
start as soon as someone's able to sign
 

1455
00:24:44,480 --> 00:24:46,390
start as soon as someone's able to sign
a contract because some companies

1456
00:24:46,390 --> 00:24:46,400
a contract because some companies
 

1457
00:24:46,400 --> 00:24:48,710
a contract because some companies
reportedly employ an army of researchers

1458
00:24:48,710 --> 00:24:48,720
reportedly employ an army of researchers
 

1459
00:24:48,720 --> 00:24:50,350
reportedly employ an army of researchers
to plow through court records on the

1460
00:24:50,350 --> 00:24:50,360
to plow through court records on the
 

1461
00:24:50,360 --> 00:24:52,430
to plow through court records on the
lookout for cases that end with a large

1462
00:24:52,430 --> 00:24:52,440
lookout for cases that end with a large
 

1463
00:24:52,440 --> 00:24:54,830
lookout for cases that end with a large
settlement. Some are even said to troll

1464
00:24:54,830 --> 00:24:54,840
settlement. Some are even said to troll
 

1465
00:24:54,840 --> 00:24:56,070
settlement. Some are even said to troll
dockets trying to find people who

1466
00:24:56,070 --> 00:24:56,080
dockets trying to find people who
 

1467
00:24:56,080 --> 00:24:57,950
dockets trying to find people who
receive settlements as children so they

1468
00:24:57,950 --> 00:24:57,960
receive settlements as children so they
 

1469
00:24:57,960 --> 00:25:00,190
receive settlements as children so they
can start calling the second they turn

1470
00:25:00,190 --> 00:25:00,200
can start calling the second they turn
 

1471
00:25:00,200 --> 00:25:02,830
can start calling the second they turn
18. And look, there are obviously lots

1472
00:25:02,830 --> 00:25:02,840
18. And look, there are obviously lots
 

1473
00:25:02,840 --> 00:25:05,270
18. And look, there are obviously lots
of good things about turning 18. You're

1474
00:25:05,270 --> 00:25:05,280
of good things about turning 18. You're
 

1475
00:25:05,280 --> 00:25:07,270
of good things about turning 18. You're
eligible to vote. You no longer run the

1476
00:25:07,270 --> 00:25:07,280
eligible to vote. You no longer run the
 

1477
00:25:07,280 --> 00:25:09,470
eligible to vote. You no longer run the
risk of getting texted by Drake. But

1478
00:25:09,470 --> 00:25:09,480
risk of getting texted by Drake. But
 

1479
00:25:09,480 --> 00:25:11,790
risk of getting texted by Drake. But
getting preyed upon by factoring

1480
00:25:11,790 --> 00:25:11,800
getting preyed upon by factoring
 

1481
00:25:11,800 --> 00:25:14,310
getting preyed upon by factoring
companies is not one of them. And

1482
00:25:14,310 --> 00:25:14,320
companies is not one of them. And
 

1483
00:25:14,320 --> 00:25:16,390
companies is not one of them. And
companies can be utterly shameless in

1484
00:25:16,390 --> 00:25:16,400
companies can be utterly shameless in
 

1485
00:25:16,400 --> 00:25:17,910
companies can be utterly shameless in
their enticements, sending things like

1486
00:25:17,910 --> 00:25:17,920
their enticements, sending things like
 

1487
00:25:17,920 --> 00:25:20,470
their enticements, sending things like
checks and prepaid Visa gift cards,

1488
00:25:20,470 --> 00:25:20,480
checks and prepaid Visa gift cards,
 

1489
00:25:20,480 --> 00:25:22,790
checks and prepaid Visa gift cards,
urging people to call and activate them.

1490
00:25:22,790 --> 00:25:22,800
urging people to call and activate them.
 

1491
00:25:22,800 --> 00:25:24,430
urging people to call and activate them.
A former employee at a company called

1492
00:25:24,430 --> 00:25:24,440
A former employee at a company called
 

1493
00:25:24,440 --> 00:25:26,630
A former employee at a company called
Seneca One once said that he'd seen

1494
00:25:26,630 --> 00:25:26,640
Seneca One once said that he'd seen
 

1495
00:25:26,640 --> 00:25:29,310
Seneca One once said that he'd seen
sales agents pay people $50 to stay on

1496
00:25:29,310 --> 00:25:29,320
sales agents pay people $50 to stay on
 

1497
00:25:29,320 --> 00:25:31,230
sales agents pay people $50 to stay on
the line for 5 minutes. And the

1498
00:25:31,230 --> 00:25:31,240
the line for 5 minutes. And the
 

1499
00:25:31,240 --> 00:25:33,550
the line for 5 minutes. And the
companies most desperate for deals can

1500
00:25:33,550 --> 00:25:33,560
companies most desperate for deals can
 

1501
00:25:33,560 --> 00:25:36,710
companies most desperate for deals can
really go all out. One lawsuit alleges

1502
00:25:36,710 --> 00:25:36,720
really go all out. One lawsuit alleges
 

1503
00:25:36,720 --> 00:25:38,630
really go all out. One lawsuit alleges
that a factoring salesperson wined and

1504
00:25:38,630 --> 00:25:38,640
that a factoring salesperson wined and
 

1505
00:25:38,640 --> 00:25:40,430
that a factoring salesperson wined and
dined a settlement seller at fancy

1506
00:25:40,430 --> 00:25:40,440
dined a settlement seller at fancy
 

1507
00:25:40,440 --> 00:25:42,390
dined a settlement seller at fancy
restaurants and clubs, even providing

1508
00:25:42,390 --> 00:25:42,400
restaurants and clubs, even providing
 

1509
00:25:42,400 --> 00:25:44,310
restaurants and clubs, even providing
them with marijuana. While another

1510
00:25:44,310 --> 00:25:44,320
them with marijuana. While another
 

1511
00:25:44,320 --> 00:25:45,910
them with marijuana. While another
company allegedly flew a potential

1512
00:25:45,910 --> 00:25:45,920
company allegedly flew a potential
 

1513
00:25:45,920 --> 00:25:47,710
company allegedly flew a potential
customer to South Florida and took him

1514
00:25:47,710 --> 00:25:47,720
customer to South Florida and took him
 

1515
00:25:47,720 --> 00:25:50,070
customer to South Florida and took him
to two strip clubs to entice him into

1516
00:25:50,070 --> 00:25:50,080
to two strip clubs to entice him into
 

1517
00:25:50,080 --> 00:25:52,110
to two strip clubs to entice him into
selling more of his payments. And look,

1518
00:25:52,110 --> 00:25:52,120
selling more of his payments. And look,
 

1519
00:25:52,120 --> 00:25:54,150
selling more of his payments. And look,
the factoring industry will insist that

1520
00:25:54,150 --> 00:25:54,160
the factoring industry will insist that
 

1521
00:25:54,160 --> 00:25:56,230
the factoring industry will insist that
however aggressively they might market

1522
00:25:56,230 --> 00:25:56,240
however aggressively they might market
 

1523
00:25:56,240 --> 00:25:58,390
however aggressively they might market
their services, there is a safeguard

1524
00:25:58,390 --> 00:25:58,400
their services, there is a safeguard
 

1525
00:25:58,400 --> 00:26:00,430
their services, there is a safeguard
against exploitation because a judge

1526
00:26:00,430 --> 00:26:00,440
against exploitation because a judge
 

1527
00:26:00,440 --> 00:26:02,390
against exploitation because a judge
eventually has to sign off on any

1528
00:26:02,390 --> 00:26:02,400
eventually has to sign off on any
 

1529
00:26:02,400 --> 00:26:05,110
eventually has to sign off on any
transaction, which is true. Every state

1530
00:26:05,110 --> 00:26:05,120
transaction, which is true. Every state
 

1531
00:26:05,120 --> 00:26:06,950
transaction, which is true. Every state
in DC has a structured settlement

1532
00:26:06,950 --> 00:26:06,960
in DC has a structured settlement
 

1533
00:26:06,960 --> 00:26:08,670
in DC has a structured settlement
protection act that requires court

1534
00:26:08,670 --> 00:26:08,680
protection act that requires court
 

1535
00:26:08,680 --> 00:26:10,750
protection act that requires court
approval of these purchases and

1536
00:26:10,750 --> 00:26:10,760
approval of these purchases and
 

1537
00:26:10,760 --> 00:26:12,830
approval of these purchases and
specifies that they must be in the best

1538
00:26:12,830 --> 00:26:12,840
specifies that they must be in the best
 

1539
00:26:12,840 --> 00:26:15,470
specifies that they must be in the best
interest of the payee. But

1540
00:26:15,470 --> 00:26:15,480
interest of the payee. But
 

1541
00:26:15,480 --> 00:26:17,870
interest of the payee. But
it is really worth knowing just how

1542
00:26:17,870 --> 00:26:17,880
it is really worth knowing just how
 

1543
00:26:17,880 --> 00:26:19,910
it is really worth knowing just how
easily that system can be gained. And

1544
00:26:19,910 --> 00:26:19,920
easily that system can be gained. And
 

1545
00:26:19,920 --> 00:26:21,990
easily that system can be gained. And
don't just take that from me. Those who

1546
00:26:21,990 --> 00:26:22,000
don't just take that from me. Those who
 

1547
00:26:22,000 --> 00:26:23,670
don't just take that from me. Those who
have studied this industry have said

1548
00:26:23,670 --> 00:26:23,680
have studied this industry have said
 

1549
00:26:23,680 --> 00:26:25,830
have studied this industry have said
that the requirement of court approval

1550
00:26:25,830 --> 00:26:25,840
that the requirement of court approval
 

1551
00:26:25,840 --> 00:26:27,830
that the requirement of court approval
has largely failed.

1552
00:26:27,830 --> 00:26:27,840
has largely failed.
 

1553
00:26:27,840 --> 00:26:29,510
has largely failed.
As this legal expert explains, in

1554
00:26:29,510 --> 00:26:29,520
As this legal expert explains, in
 

1555
00:26:29,520 --> 00:26:31,310
As this legal expert explains, in
hindsight, there was always a

1556
00:26:31,310 --> 00:26:31,320
hindsight, there was always a
 

1557
00:26:31,320 --> 00:26:33,630
hindsight, there was always a
fundamental flaw with the setup of this

1558
00:26:33,630 --> 00:26:33,640
fundamental flaw with the setup of this
 

1559
00:26:33,640 --> 00:26:34,750
fundamental flaw with the setup of this
process.

1560
00:26:34,750 --> 00:26:34,760
process.
 

1561
00:26:34,760 --> 00:26:37,630
process.
It's an odd proceeding because it's not

1562
00:26:37,630 --> 00:26:37,640
It's an odd proceeding because it's not
 

1563
00:26:37,640 --> 00:26:39,630
It's an odd proceeding because it's not
an adversary proceeding. The only

1564
00:26:39,630 --> 00:26:39,640
an adversary proceeding. The only
 

1565
00:26:39,640 --> 00:26:43,110
an adversary proceeding. The only
parties that are there are the purchaser

1566
00:26:43,110 --> 00:26:43,120
parties that are there are the purchaser
 

1567
00:26:43,120 --> 00:26:45,630
parties that are there are the purchaser
and the seller who for good or ill has

1568
00:26:45,630 --> 00:26:45,640
and the seller who for good or ill has
 

1569
00:26:45,640 --> 00:26:47,310
and the seller who for good or ill has
been persuaded to sell his or her

1570
00:26:47,310 --> 00:26:47,320
been persuaded to sell his or her
 

1571
00:26:47,320 --> 00:26:48,630
been persuaded to sell his or her
payment rights.

1572
00:26:48,630 --> 00:26:48,640
payment rights.
 

1573
00:26:48,640 --> 00:26:50,670
payment rights.
So there's no adversary presentation and

1574
00:26:50,670 --> 00:26:50,680
So there's no adversary presentation and
 

1575
00:26:50,680 --> 00:26:53,790
So there's no adversary presentation and
that puts judges in an awkward position.

1576
00:26:53,790 --> 00:26:53,800
that puts judges in an awkward position.
 

1577
00:26:53,800 --> 00:26:56,270
that puts judges in an awkward position.
Yeah, he's absolutely right. The

1578
00:26:56,270 --> 00:26:56,280
Yeah, he's absolutely right. The
 

1579
00:26:56,280 --> 00:26:57,990
Yeah, he's absolutely right. The
speaking of awkward positions, there

1580
00:26:57,990 --> 00:26:58,000
speaking of awkward positions, there
 

1581
00:26:58,000 --> 00:26:59,870
speaking of awkward positions, there
simply has to be a better way of having

1582
00:26:59,870 --> 00:26:59,880
simply has to be a better way of having
 

1583
00:26:59,880 --> 00:27:01,590
simply has to be a better way of having
that man testify.

1584
00:27:01,590 --> 00:27:01,600
that man testify.
 

1585
00:27:01,600 --> 00:27:03,150
that man testify.
You are making an expert look like a

1586
00:27:03,150 --> 00:27:03,160
You are making an expert look like a
 

1587
00:27:03,160 --> 00:27:06,790
You are making an expert look like a
dental hygienist about to floss me.

1588
00:27:06,790 --> 00:27:06,800
dental hygienist about to floss me.
 

1589
00:27:06,800 --> 00:27:08,830
dental hygienist about to floss me.
But the point here is often only three

1590
00:27:08,830 --> 00:27:08,840
But the point here is often only three
 

1591
00:27:08,840 --> 00:27:10,630
But the point here is often only three
people are present for the hearing. The

1592
00:27:10,630 --> 00:27:10,640
people are present for the hearing. The
 

1593
00:27:10,640 --> 00:27:12,870
people are present for the hearing. The
judge, the person selling the payments,

1594
00:27:12,870 --> 00:27:12,880
judge, the person selling the payments,
 

1595
00:27:12,880 --> 00:27:14,350
judge, the person selling the payments,
and a lawyer for the company buying

1596
00:27:14,350 --> 00:27:14,360
and a lawyer for the company buying
 

1597
00:27:14,360 --> 00:27:16,510
and a lawyer for the company buying
them. That is the main reason why these

1598
00:27:16,510 --> 00:27:16,520
them. That is the main reason why these
 

1599
00:27:16,520 --> 00:27:17,950
them. That is the main reason why these
transactions often get approved in a

1600
00:27:17,950 --> 00:27:17,960
transactions often get approved in a
 

1601
00:27:17,960 --> 00:27:19,990
transactions often get approved in a
short minutes-long hearing. An

1602
00:27:19,990 --> 00:27:20,000
short minutes-long hearing. An
 

1603
00:27:20,000 --> 00:27:21,150
short minutes-long hearing. An
investigation in Minnesota found

1604
00:27:21,150 --> 00:27:21,160
investigation in Minnesota found
 

1605
00:27:21,160 --> 00:27:23,230
investigation in Minnesota found
hearings took an average of 7 minutes to

1606
00:27:23,230 --> 00:27:23,240
hearings took an average of 7 minutes to
 

1607
00:27:23,240 --> 00:27:24,870
hearings took an average of 7 minutes to
finish, with some judges approving

1608
00:27:24,870 --> 00:27:24,880
finish, with some judges approving
 

1609
00:27:24,880 --> 00:27:27,230
finish, with some judges approving
transactions after just two or three

1610
00:27:27,230 --> 00:27:27,240
transactions after just two or three
 

1611
00:27:27,240 --> 00:27:29,590
transactions after just two or three
minutes of testimony, which is clearly

1612
00:27:29,590 --> 00:27:29,600
minutes of testimony, which is clearly
 

1613
00:27:29,600 --> 00:27:32,270
minutes of testimony, which is clearly
not long enough. RuPaul takes longer

1614
00:27:32,270 --> 00:27:32,280
not long enough. RuPaul takes longer
 

1615
00:27:32,280 --> 00:27:34,270
not long enough. RuPaul takes longer
than that to deliberate. She makes you

1616
00:27:34,270 --> 00:27:34,280
than that to deliberate. She makes you
 

1617
00:27:34,280 --> 00:27:35,550
than that to deliberate. She makes you
lip-sync for your life and sit through

1618
00:27:35,550 --> 00:27:35,560
lip-sync for your life and sit through
 

1619
00:27:35,560 --> 00:27:37,190
lip-sync for your life and sit through
an entire commercial break before

1620
00:27:37,190 --> 00:27:37,200
an entire commercial break before
 

1621
00:27:37,200 --> 00:27:39,510
an entire commercial break before
rendering her judgment.

1622
00:27:39,510 --> 00:27:39,520
rendering her judgment.
 

1623
00:27:39,520 --> 00:27:42,230
rendering her judgment.
Now, to be fair, some judges will ask

1624
00:27:42,230 --> 00:27:42,240
Now, to be fair, some judges will ask
 

1625
00:27:42,240 --> 00:27:44,070
Now, to be fair, some judges will ask
about the details of the deal, like what

1626
00:27:44,070 --> 00:27:44,080
about the details of the deal, like what
 

1627
00:27:44,080 --> 00:27:46,670
about the details of the deal, like what
sellers' plans are for spending the

1628
00:27:46,670 --> 00:27:46,680
sellers' plans are for spending the
 

1629
00:27:46,680 --> 00:27:48,350
sellers' plans are for spending the
money and their other sources of income.

1630
00:27:48,350 --> 00:27:48,360
money and their other sources of income.
 

1631
00:27:48,360 --> 00:27:50,750
money and their other sources of income.
But if they don't do that, or if there

1632
00:27:50,750 --> 00:27:50,760
But if they don't do that, or if there
 

1633
00:27:50,760 --> 00:27:52,470
But if they don't do that, or if there
are major drawbacks to the deal, the

1634
00:27:52,470 --> 00:27:52,480
are major drawbacks to the deal, the
 

1635
00:27:52,480 --> 00:27:54,190
are major drawbacks to the deal, the
factoring company's lawyer is not

1636
00:27:54,190 --> 00:27:54,200
factoring company's lawyer is not
 

1637
00:27:54,200 --> 00:27:55,910
factoring company's lawyer is not
incentivized to volunteer that

1638
00:27:55,910 --> 00:27:55,920
incentivized to volunteer that
 

1639
00:27:55,920 --> 00:27:58,630
incentivized to volunteer that
information. Also, many judges feel it's

1640
00:27:58,630 --> 00:27:58,640
information. Also, many judges feel it's
 

1641
00:27:58,640 --> 00:28:00,990
information. Also, many judges feel it's
not their place to prevent a sale even

1642
00:28:00,990 --> 00:28:01,000
not their place to prevent a sale even
 

1643
00:28:01,000 --> 00:28:03,150
not their place to prevent a sale even
if they think it's a bad idea. One told

1644
00:28:03,150 --> 00:28:03,160
if they think it's a bad idea. One told
 

1645
00:28:03,160 --> 00:28:05,110
if they think it's a bad idea. One told
a reporter, "I'm not surprised that many

1646
00:28:05,110 --> 00:28:05,120
a reporter, "I'm not surprised that many
 

1647
00:28:05,120 --> 00:28:06,230
a reporter, "I'm not surprised that many
of these people would have regrets

1648
00:28:06,230 --> 00:28:06,240
of these people would have regrets
 

1649
00:28:06,240 --> 00:28:07,510
of these people would have regrets
afterwards, but for the court to

1650
00:28:07,510 --> 00:28:07,520
afterwards, but for the court to
 

1651
00:28:07,520 --> 00:28:09,070
afterwards, but for the court to
intervene and say, 'We know what's

1652
00:28:09,070 --> 00:28:09,080
intervene and say, 'We know what's
 

1653
00:28:09,080 --> 00:28:11,230
intervene and say, 'We know what's
better for you,' I generally don't take

1654
00:28:11,230 --> 00:28:11,240
better for you,' I generally don't take
 

1655
00:28:11,240 --> 00:28:13,350
better for you,' I generally don't take
that role in their lives." Meanwhile,

1656
00:28:13,350 --> 00:28:13,360
that role in their lives." Meanwhile,
 

1657
00:28:13,360 --> 00:28:16,390
that role in their lives." Meanwhile,
other judges seem appalled by the deals

1658
00:28:16,390 --> 00:28:16,400
other judges seem appalled by the deals
 

1659
00:28:16,400 --> 00:28:18,030
other judges seem appalled by the deals
that have come before them.

1660
00:28:18,030 --> 00:28:18,040
that have come before them.
 

1661
00:28:18,040 --> 00:28:20,430
that have come before them.
I have never felt good about any of

1662
00:28:20,430 --> 00:28:20,440
I have never felt good about any of
 

1663
00:28:20,440 --> 00:28:23,110
I have never felt good about any of
these. I see people who for the most

1664
00:28:23,110 --> 00:28:23,120
these. I see people who for the most
 

1665
00:28:23,120 --> 00:28:26,230
these. I see people who for the most
part are in financially desperate

1666
00:28:26,230 --> 00:28:26,240
part are in financially desperate
 

1667
00:28:26,240 --> 00:28:27,830
part are in financially desperate
situations

1668
00:28:27,830 --> 00:28:27,840
situations
 

1669
00:28:27,840 --> 00:28:31,470
situations
and do not fully understand

1670
00:28:31,470 --> 00:28:31,480
and do not fully understand
 

1671
00:28:31,480 --> 00:28:34,270
and do not fully understand
what they are doing and how much money

1672
00:28:34,270 --> 00:28:34,280
what they are doing and how much money
 

1673
00:28:34,280 --> 00:28:37,350
what they are doing and how much money
they are actually losing. Wow, I've

1674
00:28:37,350 --> 00:28:37,360
they are actually losing. Wow, I've
 

1675
00:28:37,360 --> 00:28:40,190
they are actually losing. Wow, I've
never felt good about any of these. It

1676
00:28:40,190 --> 00:28:40,200
never felt good about any of these. It
 

1677
00:28:40,200 --> 00:28:42,310
never felt good about any of these. It
is not ideal when judges are talking

1678
00:28:42,310 --> 00:28:42,320
is not ideal when judges are talking
 

1679
00:28:42,320 --> 00:28:44,470
is not ideal when judges are talking
about factoring cases the way I talk

1680
00:28:44,470 --> 00:28:44,480
about factoring cases the way I talk
 

1681
00:28:44,480 --> 00:28:47,070
about factoring cases the way I talk
about the names of Mountain Dew flavors.

1682
00:28:47,070 --> 00:28:47,080
about the names of Mountain Dew flavors.
 

1683
00:28:47,080 --> 00:28:50,390
about the names of Mountain Dew flavors.
Code Red, Purple Thunder, Liberty Chill,

1684
00:28:50,390 --> 00:28:50,400
Code Red, Purple Thunder, Liberty Chill,
 

1685
00:28:50,400 --> 00:28:53,670
Code Red, Purple Thunder, Liberty Chill,
Star Spangled Splash, Sweet Lightning.

1686
00:28:53,670 --> 00:28:53,680
Star Spangled Splash, Sweet Lightning.
 

1687
00:28:53,680 --> 00:28:55,110
Star Spangled Splash, Sweet Lightning.
They all sound like horses who lost the

1688
00:28:55,110 --> 00:28:55,120
They all sound like horses who lost the
 

1689
00:28:55,120 --> 00:28:57,430
They all sound like horses who lost the
Kentucky Derby, and I've never felt good

1690
00:28:57,430 --> 00:28:57,440
Kentucky Derby, and I've never felt good
 

1691
00:28:57,440 --> 00:28:59,034
Kentucky Derby, and I've never felt good
about any of them.

1692
00:28:59,034 --> 00:28:59,044
about any of them.
 

1693
00:28:59,044 --> 00:28:59,390
about any of them.
>> [laughter]

1694
00:28:59,390 --> 00:28:59,400
>> [laughter]
 

1695
00:28:59,400 --> 00:29:01,310
>> [laughter]
>> And it's worth noting some companies go

1696
00:29:01,310 --> 00:29:01,320
>> And it's worth noting some companies go
 

1697
00:29:01,320 --> 00:29:03,630
>> And it's worth noting some companies go
beyond just omitting information and

1698
00:29:03,630 --> 00:29:03,640
beyond just omitting information and
 

1699
00:29:03,640 --> 00:29:05,510
beyond just omitting information and
have been accused of actively coaching

1700
00:29:05,510 --> 00:29:05,520
have been accused of actively coaching
 

1701
00:29:05,520 --> 00:29:07,670
have been accused of actively coaching
or pressuring sellers on how to meet the

1702
00:29:07,670 --> 00:29:07,680
or pressuring sellers on how to meet the
 

1703
00:29:07,680 --> 00:29:10,270
or pressuring sellers on how to meet the
best interest standard. In a case still

1704
00:29:10,270 --> 00:29:10,280
best interest standard. In a case still
 

1705
00:29:10,280 --> 00:29:11,870
best interest standard. In a case still
pending, a woman who suffered lead

1706
00:29:11,870 --> 00:29:11,880
pending, a woman who suffered lead
 

1707
00:29:11,880 --> 00:29:13,550
pending, a woman who suffered lead
poisoning as a child is suing a company

1708
00:29:13,550 --> 00:29:13,560
poisoning as a child is suing a company
 

1709
00:29:13,560 --> 00:29:16,630
poisoning as a child is suing a company
called Vintage Equity claiming that just

1710
00:29:16,630 --> 00:29:16,640
called Vintage Equity claiming that just
 

1711
00:29:16,640 --> 00:29:18,550
called Vintage Equity claiming that just
that. Apparently, the company claimed

1712
00:29:18,550 --> 00:29:18,560
that. Apparently, the company claimed
 

1713
00:29:18,560 --> 00:29:20,270
that. Apparently, the company claimed
one of the reasons she wanted to sell

1714
00:29:20,270 --> 00:29:20,280
one of the reasons she wanted to sell
 

1715
00:29:20,280 --> 00:29:22,350
one of the reasons she wanted to sell
part of her settlement was to purchase a

1716
00:29:22,350 --> 00:29:22,360
part of her settlement was to purchase a
 

1717
00:29:22,360 --> 00:29:24,710
part of her settlement was to purchase a
vehicle so that she's not restricted to

1718
00:29:24,710 --> 00:29:24,720
vehicle so that she's not restricted to
 

1719
00:29:24,720 --> 00:29:26,430
vehicle so that she's not restricted to
jobs in her vicinity, which sounds like

1720
00:29:26,430 --> 00:29:26,440
jobs in her vicinity, which sounds like
 

1721
00:29:26,440 --> 00:29:28,870
jobs in her vicinity, which sounds like
a good idea, doesn't it? Until you learn

1722
00:29:28,870 --> 00:29:28,880
a good idea, doesn't it? Until you learn
 

1723
00:29:28,880 --> 00:29:30,990
a good idea, doesn't it? Until you learn
that she did not have a driver's license

1724
00:29:30,990 --> 00:29:31,000
that she did not have a driver's license
 

1725
00:29:31,000 --> 00:29:32,950
that she did not have a driver's license
or know how to drive.

1726
00:29:32,950 --> 00:29:32,960
or know how to drive.
 

1727
00:29:32,960 --> 00:29:34,670
or know how to drive.
The company also allegedly coached her

1728
00:29:34,670 --> 00:29:34,680
The company also allegedly coached her
 

1729
00:29:34,680 --> 00:29:36,150
The company also allegedly coached her
in real time whenever she appeared by

1730
00:29:36,150 --> 00:29:36,160
in real time whenever she appeared by
 

1731
00:29:36,160 --> 00:29:38,030
in real time whenever she appeared by
telephone before the court with one of

1732
00:29:38,030 --> 00:29:38,040
telephone before the court with one of
 

1733
00:29:38,040 --> 00:29:40,150
telephone before the court with one of
his employees even going to her home,

1734
00:29:40,150 --> 00:29:40,160
his employees even going to her home,
 

1735
00:29:40,160 --> 00:29:42,230
his employees even going to her home,
sitting next to her on the couch, and

1736
00:29:42,230 --> 00:29:42,240
sitting next to her on the couch, and
 

1737
00:29:42,240 --> 00:29:44,510
sitting next to her on the couch, and
using the mute unmute feature on his

1738
00:29:44,510 --> 00:29:44,520
using the mute unmute feature on his
 

1739
00:29:44,520 --> 00:29:46,670
using the mute unmute feature on his
phone to secretly instruct her on how to

1740
00:29:46,670 --> 00:29:46,680
phone to secretly instruct her on how to
 

1741
00:29:46,680 --> 00:29:48,550
phone to secretly instruct her on how to
answer the court's questions. Now, the

1742
00:29:48,550 --> 00:29:48,560
answer the court's questions. Now, the
 

1743
00:29:48,560 --> 00:29:50,590
answer the court's questions. Now, the
company denies doing that, which I

1744
00:29:50,590 --> 00:29:50,600
company denies doing that, which I
 

1745
00:29:50,600 --> 00:29:52,790
company denies doing that, which I
really hope is true because that is

1746
00:29:52,790 --> 00:29:52,800
really hope is true because that is
 

1747
00:29:52,800 --> 00:29:55,430
really hope is true because that is
deeply unethical. The mute button should

1748
00:29:55,430 --> 00:29:55,440
deeply unethical. The mute button should
 

1749
00:29:55,440 --> 00:29:57,990
deeply unethical. The mute button should
not be used for coaching structured

1750
00:29:57,990 --> 00:29:58,000
not be used for coaching structured
 

1751
00:29:58,000 --> 00:30:00,630
not be used for coaching structured
settlement sellers, as we all know, it

1752
00:30:00,630 --> 00:30:00,640
settlement sellers, as we all know, it
 

1753
00:30:00,640 --> 00:30:01,950
settlement sellers, as we all know, it
should be used for one purpose and one

1754
00:30:01,950 --> 00:30:01,960
should be used for one purpose and one
 

1755
00:30:01,960 --> 00:30:04,270
should be used for one purpose and one
purpose only, and that is farting while

1756
00:30:04,270 --> 00:30:04,280
purpose only, and that is farting while
 

1757
00:30:04,280 --> 00:30:06,030
purpose only, and that is farting while
on a business call.

1758
00:30:06,030 --> 00:30:06,040
on a business call.
 

1759
00:30:06,040 --> 00:30:09,120
on a business call.
That is it. We live in a society.

1760
00:30:09,120 --> 00:30:09,130
That is it. We live in a society.
 

1761
00:30:09,130 --> 00:30:09,670
That is it. We live in a society.
>> [laughter]

1762
00:30:09,670 --> 00:30:09,680
>> [laughter]
 

1763
00:30:09,680 --> 00:30:11,510
>> [laughter]
>> Meanwhile, other companies engage in

1764
00:30:11,510 --> 00:30:11,520
>> Meanwhile, other companies engage in
 

1765
00:30:11,520 --> 00:30:13,310
>> Meanwhile, other companies engage in
forum shopping where they seek out

1766
00:30:13,310 --> 00:30:13,320
forum shopping where they seek out
 

1767
00:30:13,320 --> 00:30:15,470
forum shopping where they seek out
friendly judges known to approve deals,

1768
00:30:15,470 --> 00:30:15,480
friendly judges known to approve deals,
 

1769
00:30:15,480 --> 00:30:17,110
friendly judges known to approve deals,
sometimes even taking cases into

1770
00:30:17,110 --> 00:30:17,120
sometimes even taking cases into
 

1771
00:30:17,120 --> 00:30:19,270
sometimes even taking cases into
courtrooms far from where the sellers

1772
00:30:19,270 --> 00:30:19,280
courtrooms far from where the sellers
 

1773
00:30:19,280 --> 00:30:21,870
courtrooms far from where the sellers
live. One company, Imperial, allegedly

1774
00:30:21,870 --> 00:30:21,880
live. One company, Imperial, allegedly
 

1775
00:30:21,880 --> 00:30:23,630
live. One company, Imperial, allegedly
suggested a New York resident take his

1776
00:30:23,630 --> 00:30:23,640
suggested a New York resident take his
 

1777
00:30:23,640 --> 00:30:26,350
suggested a New York resident take his
case to a lenient judge in Florida and

1778
00:30:26,350 --> 00:30:26,360
case to a lenient judge in Florida and
 

1779
00:30:26,360 --> 00:30:28,190
case to a lenient judge in Florida and
sign a false lease that was used to

1780
00:30:28,190 --> 00:30:28,200
sign a false lease that was used to
 

1781
00:30:28,200 --> 00:30:30,390
sign a false lease that was used to
obtain a Florida issued ID card, which

1782
00:30:30,390 --> 00:30:30,400
obtain a Florida issued ID card, which
 

1783
00:30:30,400 --> 00:30:32,590
obtain a Florida issued ID card, which
is frankly a lot more trouble than I

1784
00:30:32,590 --> 00:30:32,600
is frankly a lot more trouble than I
 

1785
00:30:32,600 --> 00:30:34,390
is frankly a lot more trouble than I
thought you'd have to go to to get a

1786
00:30:34,390 --> 00:30:34,400
thought you'd have to go to to get a
 

1787
00:30:34,400 --> 00:30:36,430
thought you'd have to go to to get a
Florida ID.

1788
00:30:36,430 --> 00:30:36,440
Florida ID.
 

1789
00:30:36,440 --> 00:30:38,670
Florida ID.
I didn't know that you needed a lease. I

1790
00:30:38,670 --> 00:30:38,680
I didn't know that you needed a lease. I
 

1791
00:30:38,680 --> 00:30:39,870
I didn't know that you needed a lease. I
thought all you had to do was fail a

1792
00:30:39,870 --> 00:30:39,880
thought all you had to do was fail a
 

1793
00:30:39,880 --> 00:30:41,630
thought all you had to do was fail a
breathalyzer and they'd just that you're

1794
00:30:41,630 --> 00:30:41,640
breathalyzer and they'd just that you're
 

1795
00:30:41,640 --> 00:30:43,190
breathalyzer and they'd just that you're
local.

1796
00:30:43,190 --> 00:30:43,200
local.
 

1797
00:30:43,200 --> 00:30:44,550
local.
And while that company denies any

1798
00:30:44,550 --> 00:30:44,560
And while that company denies any
 

1799
00:30:44,560 --> 00:30:46,350
And while that company denies any
wrongdoing, stories like that are not

1800
00:30:46,350 --> 00:30:46,360
wrongdoing, stories like that are not
 

1801
00:30:46,360 --> 00:30:48,590
wrongdoing, stories like that are not
uncommon. One attorney who worked for a

1802
00:30:48,590 --> 00:30:48,600
uncommon. One attorney who worked for a
 

1803
00:30:48,600 --> 00:30:50,350
uncommon. One attorney who worked for a
bunch of factoring companies submitted

1804
00:30:50,350 --> 00:30:50,360
bunch of factoring companies submitted
 

1805
00:30:50,360 --> 00:30:53,670
bunch of factoring companies submitted
at least 594 cases to the same judge in

1806
00:30:53,670 --> 00:30:53,680
at least 594 cases to the same judge in
 

1807
00:30:53,680 --> 00:30:56,190
at least 594 cases to the same judge in
Virginia in just 1 year, and frequently

1808
00:30:56,190 --> 00:30:56,200
Virginia in just 1 year, and frequently
 

1809
00:30:56,200 --> 00:30:58,270
Virginia in just 1 year, and frequently
got them approved in bulk. That

1810
00:30:58,270 --> 00:30:58,280
got them approved in bulk. That
 

1811
00:30:58,280 --> 00:30:59,870
got them approved in bulk. That
courthouse was lately described as

1812
00:30:59,870 --> 00:30:59,880
courthouse was lately described as
 

1813
00:30:59,880 --> 00:31:01,830
courthouse was lately described as
operating like an assembly line for the

1814
00:31:01,830 --> 00:31:01,840
operating like an assembly line for the
 

1815
00:31:01,840 --> 00:31:03,310
operating like an assembly line for the
secretive industry of structured

1816
00:31:03,310 --> 00:31:03,320
secretive industry of structured
 

1817
00:31:03,320 --> 00:31:05,110
secretive industry of structured
settlement purchasing. And if you are

1818
00:31:05,110 --> 00:31:05,120
settlement purchasing. And if you are
 

1819
00:31:05,120 --> 00:31:07,030
settlement purchasing. And if you are
beginning to get the sense that this

1820
00:31:07,030 --> 00:31:07,040
beginning to get the sense that this
 

1821
00:31:07,040 --> 00:31:09,390
beginning to get the sense that this
industry is less about helping people

1822
00:31:09,390 --> 00:31:09,400
industry is less about helping people
 

1823
00:31:09,400 --> 00:31:11,790
industry is less about helping people
than about extracting wealth, you are

1824
00:31:11,790 --> 00:31:11,800
than about extracting wealth, you are
 

1825
00:31:11,800 --> 00:31:14,110
than about extracting wealth, you are
right. Especially because this doesn't

1826
00:31:14,110 --> 00:31:14,120
right. Especially because this doesn't
 

1827
00:31:14,120 --> 00:31:16,590
right. Especially because this doesn't
always end after just one deal.

1828
00:31:16,590 --> 00:31:16,600
always end after just one deal.
 

1829
00:31:16,600 --> 00:31:18,910
always end after just one deal.
J.G. Wentworth has reported that their

1830
00:31:18,910 --> 00:31:18,920
J.G. Wentworth has reported that their
 

1831
00:31:18,920 --> 00:31:20,990
J.G. Wentworth has reported that their
average customer has completed two

1832
00:31:20,990 --> 00:31:21,000
average customer has completed two
 

1833
00:31:21,000 --> 00:31:22,550
average customer has completed two
separate transactions with them. And an

1834
00:31:22,550 --> 00:31:22,560
separate transactions with them. And an
 

1835
00:31:22,560 --> 00:31:24,190
separate transactions with them. And an
investigation found that they'd gone to

1836
00:31:24,190 --> 00:31:24,200
investigation found that they'd gone to
 

1837
00:31:24,200 --> 00:31:26,590
investigation found that they'd gone to
court as many as 13 times to buy

1838
00:31:26,590 --> 00:31:26,600
court as many as 13 times to buy
 

1839
00:31:26,600 --> 00:31:28,950
court as many as 13 times to buy
payments from one woman. In fact,

1840
00:31:28,950 --> 00:31:28,960
payments from one woman. In fact,
 

1841
00:31:28,960 --> 00:31:31,030
payments from one woman. In fact,
they've even bragged about how being a

1842
00:31:31,030 --> 00:31:31,040
they've even bragged about how being a
 

1843
00:31:31,040 --> 00:31:33,670
they've even bragged about how being a
repeat customer with them actually makes

1844
00:31:33,670 --> 00:31:33,680
repeat customer with them actually makes
 

1845
00:31:33,680 --> 00:31:36,190
repeat customer with them actually makes
things easier in videos like this.

1846
00:31:36,190 --> 00:31:36,200
things easier in videos like this.
 

1847
00:31:36,200 --> 00:31:38,030
things easier in videos like this.
According to J.G. Wentworth, many of

1848
00:31:38,030 --> 00:31:38,040
According to J.G. Wentworth, many of
 

1849
00:31:38,040 --> 00:31:39,790
According to J.G. Wentworth, many of
their customers have been through the

1850
00:31:39,790 --> 00:31:39,800
their customers have been through the
 

1851
00:31:39,800 --> 00:31:42,390
their customers have been through the
process multiple times. And the good

1852
00:31:42,390 --> 00:31:42,400
process multiple times. And the good
 

1853
00:31:42,400 --> 00:31:44,950
process multiple times. And the good
news is, if you do end up going back to

1854
00:31:44,950 --> 00:31:44,960
news is, if you do end up going back to
 

1855
00:31:44,960 --> 00:31:46,790
news is, if you do end up going back to
sell more of your payments, it can be

1856
00:31:46,790 --> 00:31:46,800
sell more of your payments, it can be
 

1857
00:31:46,800 --> 00:31:48,990
sell more of your payments, it can be
even easier than the first time. They

1858
00:31:48,990 --> 00:31:49,000
even easier than the first time. They
 

1859
00:31:49,000 --> 00:31:51,310
even easier than the first time. They
keep your paperwork on file, which saves

1860
00:31:51,310 --> 00:31:51,320
keep your paperwork on file, which saves
 

1861
00:31:51,320 --> 00:31:53,750
keep your paperwork on file, which saves
you time. And since you'll already be

1862
00:31:53,750 --> 00:31:53,760
you time. And since you'll already be
 

1863
00:31:53,760 --> 00:31:55,510
you time. And since you'll already be
familiar with the process, you'll know

1864
00:31:55,510 --> 00:31:55,520
familiar with the process, you'll know
 

1865
00:31:55,520 --> 00:31:58,310
familiar with the process, you'll know
what to expect from the beginning. Okay,

1866
00:31:58,310 --> 00:31:58,320
what to expect from the beginning. Okay,
 

1867
00:31:58,320 --> 00:32:00,150
what to expect from the beginning. Okay,
but if you have to go back and sell more

1868
00:32:00,150 --> 00:32:00,160
but if you have to go back and sell more
 

1869
00:32:00,160 --> 00:32:02,270
but if you have to go back and sell more
of your payments, that may not be a sign

1870
00:32:02,270 --> 00:32:02,280
of your payments, that may not be a sign
 

1871
00:32:02,280 --> 00:32:03,710
of your payments, that may not be a sign
that you're a happy customer. It could

1872
00:32:03,710 --> 00:32:03,720
that you're a happy customer. It could
 

1873
00:32:03,720 --> 00:32:05,710
that you're a happy customer. It could
just mean that your financial condition

1874
00:32:05,710 --> 00:32:05,720
just mean that your financial condition
 

1875
00:32:05,720 --> 00:32:08,270
just mean that your financial condition
is deteriorating. And while I'm most

1876
00:32:08,270 --> 00:32:08,280
is deteriorating. And while I'm most
 

1877
00:32:08,280 --> 00:32:10,070
is deteriorating. And while I'm most
concerned for anyone who saw that video

1878
00:32:10,070 --> 00:32:10,080
concerned for anyone who saw that video
 

1879
00:32:10,080 --> 00:32:11,470
concerned for anyone who saw that video
and decided to give even more of their

1880
00:32:11,470 --> 00:32:11,480
and decided to give even more of their
 

1881
00:32:11,480 --> 00:32:13,190
and decided to give even more of their
money to J.G. Wentworth, let's also

1882
00:32:13,190 --> 00:32:13,200
money to J.G. Wentworth, let's also
 

1883
00:32:13,200 --> 00:32:15,030
money to J.G. Wentworth, let's also
spare a thought for the individual who

1884
00:32:15,030 --> 00:32:15,040
spare a thought for the individual who
 

1885
00:32:15,040 --> 00:32:16,950
spare a thought for the individual who
watched that on YouTube and left the one

1886
00:32:16,950 --> 00:32:16,960
watched that on YouTube and left the one
 

1887
00:32:16,960 --> 00:32:18,990
watched that on YouTube and left the one
and only comment underneath it that

1888
00:32:18,990 --> 00:32:19,000
and only comment underneath it that
 

1889
00:32:19,000 --> 00:32:21,430
and only comment underneath it that
simply says, "I love you."

1890
00:32:21,430 --> 00:32:21,440
simply says, "I love you."
 

1891
00:32:21,440 --> 00:32:22,630
simply says, "I love you."
It is

1892
00:32:22,630 --> 00:32:22,640
It is
 

1893
00:32:22,640 --> 00:32:24,710
It is
not the most upsetting part of this

1894
00:32:24,710 --> 00:32:24,720
not the most upsetting part of this
 

1895
00:32:24,720 --> 00:32:26,670
not the most upsetting part of this
story. In fact, it's arguably the least.

1896
00:32:26,670 --> 00:32:26,680
story. In fact, it's arguably the least.
 

1897
00:32:26,680 --> 00:32:28,950
story. In fact, it's arguably the least.
But I am now obsessed

1898
00:32:28,950 --> 00:32:28,960
But I am now obsessed
 

1899
00:32:28,960 --> 00:32:30,990
But I am now obsessed
with the individual who, out of all the

1900
00:32:30,990 --> 00:32:31,000
with the individual who, out of all the
 

1901
00:32:31,000 --> 00:32:34,350
with the individual who, out of all the
videos on youtube.com,

1902
00:32:34,350 --> 00:32:34,360
videos on youtube.com,
 

1903
00:32:34,360 --> 00:32:36,350
videos on youtube.com,
saw a marketing video for J.G. Wentworth

1904
00:32:36,350 --> 00:32:36,360
saw a marketing video for J.G. Wentworth
 

1905
00:32:36,360 --> 00:32:38,550
saw a marketing video for J.G. Wentworth
and was so moved by it and or

1906
00:32:38,550 --> 00:32:38,560
and was so moved by it and or
 

1907
00:32:38,560 --> 00:32:41,310
and was so moved by it and or
uncontrollably horny

1908
00:32:41,310 --> 00:32:41,320
uncontrollably horny
 

1909
00:32:41,320 --> 00:32:43,270
uncontrollably horny
that they wrote I love you to the public

1910
00:32:43,270 --> 00:32:43,280
that they wrote I love you to the public
 

1911
00:32:43,280 --> 00:32:45,470
that they wrote I love you to the public
face OF A FACTORING COMPANY SALES TEAM.

1912
00:32:45,470 --> 00:32:45,480
face OF A FACTORING COMPANY SALES TEAM.
 

1913
00:32:45,480 --> 00:32:48,070
face OF A FACTORING COMPANY SALES TEAM.
WHAT COULD THAT MEAN?

1914
00:32:48,070 --> 00:32:48,080
WHAT COULD THAT MEAN?
 

1915
00:32:48,080 --> 00:32:50,350
WHAT COULD THAT MEAN?
Is that commenter in love with her from

1916
00:32:50,350 --> 00:32:50,360
Is that commenter in love with her from
 

1917
00:32:50,360 --> 00:32:53,070
Is that commenter in love with her from
looks alone? Or is that her ESTRANGED

1918
00:32:53,070 --> 00:32:53,080
looks alone? Or is that her ESTRANGED
 

1919
00:32:53,080 --> 00:32:55,190
looks alone? Or is that her ESTRANGED
FATHER REACHING OUT THE ONLY WAY HE

1920
00:32:55,190 --> 00:32:55,200
FATHER REACHING OUT THE ONLY WAY HE
 

1921
00:32:55,200 --> 00:32:58,390
FATHER REACHING OUT THE ONLY WAY HE
KNOWS HOW? THOSE THREE little words are

1922
00:32:58,390 --> 00:32:58,400
KNOWS HOW? THOSE THREE little words are
 

1923
00:32:58,400 --> 00:33:00,470
KNOWS HOW? THOSE THREE little words are
a novel.

1924
00:33:00,470 --> 00:33:00,480
a novel.
 

1925
00:33:00,480 --> 00:33:01,830
a novel.
But the thing is,

1926
00:33:01,830 --> 00:33:01,840
But the thing is,
 

1927
00:33:01,840 --> 00:33:03,950
But the thing is,
once you've done one transaction, you

1928
00:33:03,950 --> 00:33:03,960
once you've done one transaction, you
 

1929
00:33:03,960 --> 00:33:06,230
once you've done one transaction, you
can quickly become an easy target for

1930
00:33:06,230 --> 00:33:06,240
can quickly become an easy target for
 

1931
00:33:06,240 --> 00:33:08,470
can quickly become an easy target for
other companies. Access Funding once

1932
00:33:08,470 --> 00:33:08,480
other companies. Access Funding once
 

1933
00:33:08,480 --> 00:33:10,150
other companies. Access Funding once
wrote that once someone does a deal with

1934
00:33:10,150 --> 00:33:10,160
wrote that once someone does a deal with
 

1935
00:33:10,160 --> 00:33:12,310
wrote that once someone does a deal with
JG Wentworth, there's a public record of

1936
00:33:12,310 --> 00:33:12,320
JG Wentworth, there's a public record of
 

1937
00:33:12,320 --> 00:33:14,630
JG Wentworth, there's a public record of
it and they then become part of our

1938
00:33:14,630 --> 00:33:14,640
it and they then become part of our
 

1939
00:33:14,640 --> 00:33:16,990
it and they then become part of our
calling and mailing lists. Basically,

1940
00:33:16,990 --> 00:33:17,000
calling and mailing lists. Basically,
 

1941
00:33:17,000 --> 00:33:18,830
calling and mailing lists. Basically,
you get involved with them once and the

1942
00:33:18,830 --> 00:33:18,840
you get involved with them once and the
 

1943
00:33:18,840 --> 00:33:21,270
you get involved with them once and the
predators will then swarm. It is like

1944
00:33:21,270 --> 00:33:21,280
predators will then swarm. It is like
 

1945
00:33:21,280 --> 00:33:23,910
predators will then swarm. It is like
giving a pigeon in the park some bread.

1946
00:33:23,910 --> 00:33:23,920
giving a pigeon in the park some bread.
 

1947
00:33:23,920 --> 00:33:26,230
giving a pigeon in the park some bread.
That is A HUGE MISTAKE.

1948
00:33:26,230 --> 00:33:26,240
That is A HUGE MISTAKE.
 

1949
00:33:26,240 --> 00:33:27,550
That is A HUGE MISTAKE.
NOW it knows you're a sucker. That

1950
00:33:27,550 --> 00:33:27,560
NOW it knows you're a sucker. That
 

1951
00:33:27,560 --> 00:33:29,230
NOW it knows you're a sucker. That
pigeon is going to bring its friends,

1952
00:33:29,230 --> 00:33:29,240
pigeon is going to bring its friends,
 

1953
00:33:29,240 --> 00:33:30,830
pigeon is going to bring its friends,
it's going to move into your house, it's

1954
00:33:30,830 --> 00:33:30,840
it's going to move into your house, it's
 

1955
00:33:30,840 --> 00:33:32,950
it's going to move into your house, it's
going to YOUR WIFE.

1956
00:33:32,950 --> 00:33:32,960
going to YOUR WIFE.
 

1957
00:33:32,960 --> 00:33:35,550
going to YOUR WIFE.
THAT IS GOING TO HAPPEN.

1958
00:33:35,550 --> 00:33:35,560
THAT IS GOING TO HAPPEN.
 

1959
00:33:35,560 --> 00:33:37,510
THAT IS GOING TO HAPPEN.
And all of this, the aggressive

1960
00:33:37,510 --> 00:33:37,520
And all of this, the aggressive
 

1961
00:33:37,520 --> 00:33:39,950
And all of this, the aggressive
marketing, the creating wants, the

1962
00:33:39,950 --> 00:33:39,960
marketing, the creating wants, the
 

1963
00:33:39,960 --> 00:33:42,110
marketing, the creating wants, the
swarming around a seller looking for

1964
00:33:42,110 --> 00:33:42,120
swarming around a seller looking for
 

1965
00:33:42,120 --> 00:33:44,390
swarming around a seller looking for
repeat business can lead to some truly

1966
00:33:44,390 --> 00:33:44,400
repeat business can lead to some truly
 

1967
00:33:44,400 --> 00:33:46,910
repeat business can lead to some truly
heartbreaking stories. Take Gary Davis,

1968
00:33:46,910 --> 00:33:46,920
heartbreaking stories. Take Gary Davis,
 

1969
00:33:46,920 --> 00:33:48,390
heartbreaking stories. Take Gary Davis,
who was hit by a train and suffered a

1970
00:33:48,390 --> 00:33:48,400
who was hit by a train and suffered a
 

1971
00:33:48,400 --> 00:33:50,510
who was hit by a train and suffered a
stroke that destroyed at least 25% of

1972
00:33:50,510 --> 00:33:50,520
stroke that destroyed at least 25% of
 

1973
00:33:50,520 --> 00:33:52,190
stroke that destroyed at least 25% of
his brain. He received a two and a half

1974
00:33:52,190 --> 00:33:52,200
his brain. He received a two and a half
 

1975
00:33:52,200 --> 00:33:53,910
his brain. He received a two and a half
million dollar settlement but wound up

1976
00:33:53,910 --> 00:33:53,920
million dollar settlement but wound up
 

1977
00:33:53,920 --> 00:33:55,830
million dollar settlement but wound up
selling it off the vast majority of it

1978
00:33:55,830 --> 00:33:55,840
selling it off the vast majority of it
 

1979
00:33:55,840 --> 00:33:58,990
selling it off the vast majority of it
to two companies including JG Wentworth.

1980
00:33:58,990 --> 00:33:59,000
to two companies including JG Wentworth.
 

1981
00:33:59,000 --> 00:34:00,590
to two companies including JG Wentworth.
In fact, when the Minnesota Star Tribune

1982
00:34:00,590 --> 00:34:00,600
In fact, when the Minnesota Star Tribune
 

1983
00:34:00,600 --> 00:34:01,910
In fact, when the Minnesota Star Tribune
looked into this industry, they found

1984
00:34:01,910 --> 00:34:01,920
looked into this industry, they found
 

1985
00:34:01,920 --> 00:34:04,110
looked into this industry, they found
that Gary had sold more payments than

1986
00:34:04,110 --> 00:34:04,120
that Gary had sold more payments than
 

1987
00:34:04,120 --> 00:34:06,190
that Gary had sold more payments than
anyone else in Minnesota, for which he

1988
00:34:06,190 --> 00:34:06,200
anyone else in Minnesota, for which he
 

1989
00:34:06,200 --> 00:34:08,830
anyone else in Minnesota, for which he
received roughly 35 cents on the dollar.

1990
00:34:08,830 --> 00:34:08,840
received roughly 35 cents on the dollar.
 

1991
00:34:08,840 --> 00:34:10,510
received roughly 35 cents on the dollar.
And when the paper's reporter explained

1992
00:34:10,510 --> 00:34:10,520
And when the paper's reporter explained
 

1993
00:34:10,520 --> 00:34:12,550
And when the paper's reporter explained
that to Gary, you can watch him figure

1994
00:34:12,550 --> 00:34:12,560
that to Gary, you can watch him figure
 

1995
00:34:12,560 --> 00:34:15,550
that to Gary, you can watch him figure
out in real time just what it meant.

1996
00:34:15,550 --> 00:34:15,560
out in real time just what it meant.
 

1997
00:34:15,560 --> 00:34:18,669
out in real time just what it meant.
I gave them two-thirds and they gave me

1998
00:34:18,669 --> 00:34:18,679
I gave them two-thirds and they gave me
 

1999
00:34:18,679 --> 00:34:20,470
I gave them two-thirds and they gave me
one-third.

2000
00:34:20,470 --> 00:34:20,480
one-third.
 

2001
00:34:20,480 --> 00:34:22,710
one-third.
That's what happened. Mhm. Cuz they gave

2002
00:34:22,710 --> 00:34:22,720
That's what happened. Mhm. Cuz they gave
 

2003
00:34:22,720 --> 00:34:26,149
That's what happened. Mhm. Cuz they gave
it to you immediately. The Oh.

2004
00:34:26,149 --> 00:34:26,159
it to you immediately. The Oh.
 

2005
00:34:26,159 --> 00:34:27,470
it to you immediately. The Oh.
>> whole amount of money was what you were

2006
00:34:27,470 --> 00:34:27,480
>> whole amount of money was what you were
 

2007
00:34:27,480 --> 00:34:30,510
>> whole amount of money was what you were
going to get for the rest of your life.

2008
00:34:30,510 --> 00:34:30,520
going to get for the rest of your life.
 

2009
00:34:30,520 --> 00:34:31,990
going to get for the rest of your life.
And they said we'll give you a third

2010
00:34:31,990 --> 00:34:32,000
And they said we'll give you a third
 

2011
00:34:32,000 --> 00:34:34,190
And they said we'll give you a third
today."

2012
00:34:34,190 --> 00:34:34,200
today."
 

2013
00:34:34,200 --> 00:34:36,790
today."
But that's it.

2014
00:34:36,790 --> 00:34:36,800
But that's it.
 

2015
00:34:36,800 --> 00:34:39,550
But that's it.
Mhm, that's not a good That's not even

2016
00:34:39,550 --> 00:34:39,560
Mhm, that's not a good That's not even
 

2017
00:34:39,560 --> 00:34:40,950
Mhm, that's not a good That's not even
trade.

2018
00:34:40,950 --> 00:34:40,960
trade.
 

2019
00:34:40,960 --> 00:34:43,790
trade.
No, you You sold about $2.3 million in

2020
00:34:43,790 --> 00:34:43,800
No, you You sold about $2.3 million in
 

2021
00:34:43,800 --> 00:34:46,869
No, you You sold about $2.3 million in
payments for about $700,000.

2022
00:34:46,869 --> 00:34:46,879
payments for about $700,000.
 

2023
00:34:46,879 --> 00:34:48,230
payments for about $700,000.
And that's about a third of what you

2024
00:34:48,230 --> 00:34:48,240
And that's about a third of what you
 

2025
00:34:48,240 --> 00:34:49,430
And that's about a third of what you
would have gotten if you'd have waited

2026
00:34:49,430 --> 00:34:49,440
would have gotten if you'd have waited
 

2027
00:34:49,440 --> 00:34:51,389
would have gotten if you'd have waited
for the money.

2028
00:34:51,389 --> 00:34:51,399
for the money.
 

2029
00:34:51,399 --> 00:34:53,990
for the money.
That's no good.

2030
00:34:53,990 --> 00:34:54,000
That's no good.
 

2031
00:34:54,000 --> 00:34:55,710
That's no good.
They should They should They should have

2032
00:34:55,710 --> 00:34:55,720
They should They should They should have
 

2033
00:34:55,720 --> 00:34:57,430
They should They should They should have
somebody to keep you from doing stuff

2034
00:34:57,430 --> 00:34:57,440
somebody to keep you from doing stuff
 

2035
00:34:57,440 --> 00:35:00,030
somebody to keep you from doing stuff
like that, don't you think? Yeah. Yeah,

2036
00:35:00,030 --> 00:35:00,040
like that, don't you think? Yeah. Yeah,
 

2037
00:35:00,040 --> 00:35:00,990
like that, don't you think? Yeah. Yeah,
I do.

2038
00:35:00,990 --> 00:35:01,000
I do.
 

2039
00:35:01,000 --> 00:35:02,750
I do.
Honestly, he just said in one sentence

2040
00:35:02,750 --> 00:35:02,760
Honestly, he just said in one sentence
 

2041
00:35:02,760 --> 00:35:03,870
Honestly, he just said in one sentence
what I've been trying to say for the

2042
00:35:03,870 --> 00:35:03,880
what I've been trying to say for the
 

2043
00:35:03,880 --> 00:35:05,590
what I've been trying to say for the
last 20 minutes.

2044
00:35:05,590 --> 00:35:05,600
last 20 minutes.
 

2045
00:35:05,600 --> 00:35:07,030
last 20 minutes.
So, what do we do here? Well, when it

2046
00:35:07,030 --> 00:35:07,040
So, what do we do here? Well, when it
 

2047
00:35:07,040 --> 00:35:09,070
So, what do we do here? Well, when it
comes to laws, there are a number of

2048
00:35:09,070 --> 00:35:09,080
comes to laws, there are a number of
 

2049
00:35:09,080 --> 00:35:10,710
comes to laws, there are a number of
small fixes from simply requiring

2050
00:35:10,710 --> 00:35:10,720
small fixes from simply requiring
 

2051
00:35:10,720 --> 00:35:12,270
small fixes from simply requiring
hearings take place where the seller

2052
00:35:12,270 --> 00:35:12,280
hearings take place where the seller
 

2053
00:35:12,280 --> 00:35:14,350
hearings take place where the seller
actually lives to curbing how

2054
00:35:14,350 --> 00:35:14,360
actually lives to curbing how
 

2055
00:35:14,360 --> 00:35:16,070
actually lives to curbing how
aggressively these companies can solicit

2056
00:35:16,070 --> 00:35:16,080
aggressively these companies can solicit
 

2057
00:35:16,080 --> 00:35:17,630
aggressively these companies can solicit
sellers. Following some of the reporting

2058
00:35:17,630 --> 00:35:17,640
sellers. Following some of the reporting
 

2059
00:35:17,640 --> 00:35:19,030
sellers. Following some of the reporting
that you've seen tonight, these two

2060
00:35:19,030 --> 00:35:19,040
that you've seen tonight, these two
 

2061
00:35:19,040 --> 00:35:21,390
that you've seen tonight, these two
states recently did both. We could also

2062
00:35:21,390 --> 00:35:21,400
states recently did both. We could also
 

2063
00:35:21,400 --> 00:35:23,030
states recently did both. We could also
require courts appoint what's called a

2064
00:35:23,030 --> 00:35:23,040
require courts appoint what's called a
 

2065
00:35:23,040 --> 00:35:26,110
require courts appoint what's called a
guardian ad litem or attorney advisor in

2066
00:35:26,110 --> 00:35:26,120
guardian ad litem or attorney advisor in
 

2067
00:35:26,120 --> 00:35:27,950
guardian ad litem or attorney advisor in
cases where a seller may not be able to

2068
00:35:27,950 --> 00:35:27,960
cases where a seller may not be able to
 

2069
00:35:27,960 --> 00:35:30,150
cases where a seller may not be able to
fully understand the transaction. That

2070
00:35:30,150 --> 00:35:30,160
fully understand the transaction. That
 

2071
00:35:30,160 --> 00:35:31,590
fully understand the transaction. That
advisor can then give the court more

2072
00:35:31,590 --> 00:35:31,600
advisor can then give the court more
 

2073
00:35:31,600 --> 00:35:32,470
advisor can then give the court more
information about the seller's

2074
00:35:32,470 --> 00:35:32,480
information about the seller's
 

2075
00:35:32,480 --> 00:35:35,230
information about the seller's
circumstances and could also say to the

2076
00:35:35,230 --> 00:35:35,240
circumstances and could also say to the
 

2077
00:35:35,240 --> 00:35:37,430
circumstances and could also say to the
seller what you just saw that reporter

2078
00:35:37,430 --> 00:35:37,440
seller what you just saw that reporter
 

2079
00:35:37,440 --> 00:35:39,150
seller what you just saw that reporter
say to Gary specifically, "They're going

2080
00:35:39,150 --> 00:35:39,160
say to Gary specifically, "They're going
 

2081
00:35:39,160 --> 00:35:40,870
say to Gary specifically, "They're going
to take two thirds of your money. Are

2082
00:35:40,870 --> 00:35:40,880
to take two thirds of your money. Are
 

2083
00:35:40,880 --> 00:35:42,990
to take two thirds of your money. Are
you sure you want to do this?"

2084
00:35:42,990 --> 00:35:43,000
you sure you want to do this?"
 

2085
00:35:43,000 --> 00:35:44,630
you sure you want to do this?"
Judges in Albuquerque, New Mexico have

2086
00:35:44,630 --> 00:35:44,640
Judges in Albuquerque, New Mexico have
 

2087
00:35:44,640 --> 00:35:45,950
Judges in Albuquerque, New Mexico have
started using this approach and one

2088
00:35:45,950 --> 00:35:45,960
started using this approach and one
 

2089
00:35:45,960 --> 00:35:47,990
started using this approach and one
analysis found courts there had signed

2090
00:35:47,990 --> 00:35:48,000
analysis found courts there had signed
 

2091
00:35:48,000 --> 00:35:50,110
analysis found courts there had signed
off on just 42%

2092
00:35:50,110 --> 00:35:50,120
off on just 42%
 

2093
00:35:50,120 --> 00:35:51,870
off on just 42%
of the deals involving a guardian ad

2094
00:35:51,870 --> 00:35:51,880
of the deals involving a guardian ad
 

2095
00:35:51,880 --> 00:35:54,070
of the deals involving a guardian ad
litem. And in many cases, judges never

2096
00:35:54,070 --> 00:35:54,080
litem. And in many cases, judges never
 

2097
00:35:54,080 --> 00:35:55,990
litem. And in many cases, judges never
actually had to rule at all because the

2098
00:35:55,990 --> 00:35:56,000
actually had to rule at all because the
 

2099
00:35:56,000 --> 00:35:58,270
actually had to rule at all because the
sellers withdrew their requests after

2100
00:35:58,270 --> 00:35:58,280
sellers withdrew their requests after
 

2101
00:35:58,280 --> 00:36:00,430
sellers withdrew their requests after
meeting with one. And look, I do

2102
00:36:00,430 --> 00:36:00,440
meeting with one. And look, I do
 

2103
00:36:00,440 --> 00:36:02,470
meeting with one. And look, I do
understand there are issues for those

2104
00:36:02,470 --> 00:36:02,480
understand there are issues for those
 

2105
00:36:02,480 --> 00:36:04,230
understand there are issues for those
with disabilities being told they're not

2106
00:36:04,230 --> 00:36:04,240
with disabilities being told they're not
 

2107
00:36:04,240 --> 00:36:05,590
with disabilities being told they're not
capable of making a decision for

2108
00:36:05,590 --> 00:36:05,600
capable of making a decision for
 

2109
00:36:05,600 --> 00:36:07,750
capable of making a decision for
themselves. But to be very clear here,

2110
00:36:07,750 --> 00:36:07,760
themselves. But to be very clear here,
 

2111
00:36:07,760 --> 00:36:09,750
themselves. But to be very clear here,
this will be a limited one-time

2112
00:36:09,750 --> 00:36:09,760
this will be a limited one-time
 

2113
00:36:09,760 --> 00:36:11,950
this will be a limited one-time
arrangement just for the purposes of

2114
00:36:11,950 --> 00:36:11,960
arrangement just for the purposes of
 

2115
00:36:11,960 --> 00:36:13,030
arrangement just for the purposes of
this sale.

2116
00:36:13,030 --> 00:36:13,040
this sale.
 

2117
00:36:13,040 --> 00:36:14,830
this sale.
Now, as for individuals, let me just say

2118
00:36:14,830 --> 00:36:14,840
Now, as for individuals, let me just say
 

2119
00:36:14,840 --> 00:36:16,750
Now, as for individuals, let me just say
this. If you have a structured

2120
00:36:16,750 --> 00:36:16,760
this. If you have a structured
 

2121
00:36:16,760 --> 00:36:19,190
this. If you have a structured
settlement and you need cash now, if

2122
00:36:19,190 --> 00:36:19,200
settlement and you need cash now, if
 

2123
00:36:19,200 --> 00:36:21,910
settlement and you need cash now, if
those Vikings suddenly appear on

2124
00:36:21,910 --> 00:36:21,920
those Vikings suddenly appear on
 

2125
00:36:21,920 --> 00:36:24,430
those Vikings suddenly appear on
your TV, before you pick up the phone,

2126
00:36:24,430 --> 00:36:24,440
your TV, before you pick up the phone,
 

2127
00:36:24,440 --> 00:36:26,190
your TV, before you pick up the phone,
there are a couple of key things to

2128
00:36:26,190 --> 00:36:26,200
there are a couple of key things to
 

2129
00:36:26,200 --> 00:36:28,590
there are a couple of key things to
know. First, some insurance companies

2130
00:36:28,590 --> 00:36:28,600
know. First, some insurance companies
 

2131
00:36:28,600 --> 00:36:30,030
know. First, some insurance companies
that manage settlements actually offer a

2132
00:36:30,030 --> 00:36:30,040
that manage settlements actually offer a
 

2133
00:36:30,040 --> 00:36:31,990
that manage settlements actually offer a
hardship commutation that might in

2134
00:36:31,990 --> 00:36:32,000
hardship commutation that might in
 

2135
00:36:32,000 --> 00:36:34,110
hardship commutation that might in
extenuating circumstances allow you to

2136
00:36:34,110 --> 00:36:34,120
extenuating circumstances allow you to
 

2137
00:36:34,120 --> 00:36:36,190
extenuating circumstances allow you to
get some upfront cash at a better rate.

2138
00:36:36,190 --> 00:36:36,200
get some upfront cash at a better rate.
 

2139
00:36:36,200 --> 00:36:38,590
get some upfront cash at a better rate.
So, I would try them first. But, also

2140
00:36:38,590 --> 00:36:38,600
So, I would try them first. But, also
 

2141
00:36:38,600 --> 00:36:41,390
So, I would try them first. But, also
please know that this industry is just

2142
00:36:41,390 --> 00:36:41,400
please know that this industry is just
 

2143
00:36:41,400 --> 00:36:43,710
please know that this industry is just
full of predators. And I know that they

2144
00:36:43,710 --> 00:36:43,720
full of predators. And I know that they
 

2145
00:36:43,720 --> 00:36:45,790
full of predators. And I know that they
can seem benign. They have very slick

2146
00:36:45,790 --> 00:36:45,800
can seem benign. They have very slick
 

2147
00:36:45,800 --> 00:36:47,430
can seem benign. They have very slick
ads that air constantly with some

2148
00:36:47,430 --> 00:36:47,440
ads that air constantly with some
 

2149
00:36:47,440 --> 00:36:50,270
ads that air constantly with some
infuriatingly catchy jingles.

2150
00:36:50,270 --> 00:36:50,280
infuriatingly catchy jingles.
 

2151
00:36:50,280 --> 00:36:52,190
infuriatingly catchy jingles.
But, they do not have your best

2152
00:36:52,190 --> 00:36:52,200
But, they do not have your best
 

2153
00:36:52,200 --> 00:36:53,910
But, they do not have your best
interests at heart.

2154
00:36:53,910 --> 00:36:53,920
interests at heart.
 

2155
00:36:53,920 --> 00:36:56,110
interests at heart.
So, to try and inoculate you against

2156
00:36:56,110 --> 00:36:56,120
So, to try and inoculate you against
 

2157
00:36:56,120 --> 00:36:57,430
So, to try and inoculate you against
their charms going forward, we've

2158
00:36:57,430 --> 00:36:57,440
their charms going forward, we've
 

2159
00:36:57,440 --> 00:36:59,550
their charms going forward, we've
actually made our own ad to give people

2160
00:36:59,550 --> 00:36:59,560
actually made our own ad to give people
 

2161
00:36:59,560 --> 00:37:02,150
actually made our own ad to give people
a more accurate portrayal of the risks

2162
00:37:02,150 --> 00:37:02,160
a more accurate portrayal of the risks
 

2163
00:37:02,160 --> 00:37:04,190
a more accurate portrayal of the risks
that this entire industry poses. So, the

2164
00:37:04,190 --> 00:37:04,200
that this entire industry poses. So, the
 

2165
00:37:04,200 --> 00:37:06,470
that this entire industry poses. So, the
next time that a bunch of Vikings try

2166
00:37:06,470 --> 00:37:06,480
next time that a bunch of Vikings try
 

2167
00:37:06,480 --> 00:37:08,590
next time that a bunch of Vikings try
and sing at you in the future, which

2168
00:37:08,590 --> 00:37:08,600
and sing at you in the future, which
 

2169
00:37:08,600 --> 00:37:10,590
and sing at you in the future, which
they absolutely will,

2170
00:37:10,590 --> 00:37:10,600
they absolutely will,
 

2171
00:37:10,600 --> 00:37:15,830
they absolutely will,
please try and think of this instead.

2172
00:37:15,830 --> 00:37:15,840

 

2173
00:37:15,840 --> 00:37:18,190

If you have a structured settlement and

2174
00:37:18,190 --> 00:37:18,200
If you have a structured settlement and
 

2175
00:37:18,200 --> 00:37:20,590
If you have a structured settlement and
you're watching TV, [laughter]

2176
00:37:20,590 --> 00:37:20,600
you're watching TV, [laughter]
 

2177
00:37:20,600 --> 00:37:22,630
you're watching TV, [laughter]
you might hear a song like this, so

2178
00:37:22,630 --> 00:37:22,640
you might hear a song like this, so
 

2179
00:37:22,640 --> 00:37:24,910
you might hear a song like this, so
please listen to me.

2180
00:37:24,910 --> 00:37:24,920
please listen to me.
 

2181
00:37:24,920 --> 00:37:26,830
please listen to me.
Please listen to him.

2182
00:37:26,830 --> 00:37:26,840
Please listen to him.
 

2183
00:37:26,840 --> 00:37:29,190
Please listen to him.
They'll run me shitty ads all day, and

2184
00:37:29,190 --> 00:37:29,200
They'll run me shitty ads all day, and
 

2185
00:37:29,200 --> 00:37:31,830
They'll run me shitty ads all day, and
when you finally call, they'll take your

2186
00:37:31,830 --> 00:37:31,840
when you finally call, they'll take your
 

2187
00:37:31,840 --> 00:37:34,630
when you finally call, they'll take your
money bit by bit until they've got it

2188
00:37:34,630 --> 00:37:34,640
money bit by bit until they've got it
 

2189
00:37:34,640 --> 00:37:37,310
money bit by bit until they've got it
all. Until they've got it all.

2190
00:37:37,310 --> 00:37:37,320
all. Until they've got it all.
 

2191
00:37:37,320 --> 00:37:40,750
all. Until they've got it all.
We went to a judge, and he signed off on

2192
00:37:40,750 --> 00:37:40,760
We went to a judge, and he signed off on
 

2193
00:37:40,760 --> 00:37:44,190
We went to a judge, and he signed off on
the sale. I'm still not sure why these

2194
00:37:44,190 --> 00:37:44,200
the sale. I'm still not sure why these
 

2195
00:37:44,200 --> 00:37:48,230
the sale. I'm still not sure why these
 AREN'T IN JAIL.

2196
00:37:48,230 --> 00:37:48,240

 

2197
00:37:48,240 --> 00:37:50,590

THE DEAL YOU TALKED ME INTO is much

2198
00:37:50,590 --> 00:37:50,600
THE DEAL YOU TALKED ME INTO is much
 

2199
00:37:50,600 --> 00:37:53,230
THE DEAL YOU TALKED ME INTO is much
worse than it first appeared. I want to

2200
00:37:53,230 --> 00:37:53,240
worse than it first appeared. I want to
 

2201
00:37:53,240 --> 00:37:55,430
worse than it first appeared. I want to
know what's going on, and why is there a

2202
00:37:55,430 --> 00:37:55,440
know what's going on, and why is there a
 

2203
00:37:55,440 --> 00:37:59,110
know what's going on, and why is there a
Viking here? Why is there a Viking here?

2204
00:37:59,110 --> 00:37:59,120
Viking here? Why is there a Viking here?
 

2205
00:37:59,120 --> 00:38:03,230
Viking here? Why is there a Viking here?
Why am I a Viking here?

2206
00:38:03,230 --> 00:38:03,240
Why am I a Viking here?
 

2207
00:38:03,240 --> 00:38:05,950
Why am I a Viking here?
We really hope this jingle gets stuck

2208
00:38:05,950 --> 00:38:05,960
We really hope this jingle gets stuck
 

2209
00:38:05,960 --> 00:38:08,830
We really hope this jingle gets stuck
inside your head. Remember that these

2210
00:38:08,830 --> 00:38:08,840
inside your head. Remember that these
 

2211
00:38:08,840 --> 00:38:10,950
inside your head. Remember that these
businesses will bleed you till you're

2212
00:38:10,950 --> 00:38:10,960
businesses will bleed you till you're
 

2213
00:38:10,960 --> 00:38:14,990
businesses will bleed you till you're
dead. Bleed you till you're dead.

2214
00:38:14,990 --> 00:38:15,000
dead. Bleed you till you're dead.
 

2215
00:38:15,000 --> 00:38:16,110
dead. Bleed you till you're dead.
It's your money. Don't let [music] these

2216
00:38:16,110 --> 00:38:16,120
It's your money. Don't let [music] these
 

2217
00:38:16,120 --> 00:38:18,430
It's your money. Don't let [music] these
parasites get their hands on it.

2218
00:38:18,430 --> 00:38:18,440
parasites get their hands on it.
 

2219
00:38:18,440 --> 00:38:19,030
parasites get their hands on it.
They'll bleed you till you're dead.

2220
00:38:19,030 --> 00:38:19,040
They'll bleed you till you're dead.
 

2221
00:38:19,040 --> 00:38:19,510
They'll bleed you till you're dead.
They'll bleed you till you're dead.

2222
00:38:19,510 --> 00:38:19,520
They'll bleed you till you're dead.
 

2223
00:38:19,520 --> 00:38:19,990
They'll bleed you till you're dead.
They'll bleed you till you're dead.

2224
00:38:19,990 --> 00:38:20,000
They'll bleed you till you're dead.
 

2225
00:38:20,000 --> 00:38:32,166
They'll bleed you till you're dead.
They'll bleed you till

2226
00:38:32,166 --> 00:38:32,176

 

2227
00:38:32,176 --> 00:38:34,131

>> [screaming]

2228
00:38:34,131 --> 00:38:34,141
>> [screaming]
 

2229
00:38:34,141 --> 00:38:35,441
>> [screaming]
[applause]

2230
00:38:35,441 --> 00:38:35,451
[applause]
 

2231
00:38:35,451 --> 00:38:38,870
[applause]
[cheering]

2232
00:38:38,870 --> 00:38:38,880

 

2233
00:38:38,880 --> 00:38:40,430

>> That's our show. Thank you so much for

2234
00:38:40,430 --> 00:38:40,440
>> That's our show. Thank you so much for
 

2235
00:38:40,440 --> 00:38:42,310
>> That's our show. Thank you so much for
watching. We're off next week, back on

2236
00:38:42,310 --> 00:38:42,320
watching. We're off next week, back on
 

2237
00:38:42,320 --> 00:38:44,630
watching. We're off next week, back on
May 31st. Please enjoy Colbert's final

2238
00:38:44,630 --> 00:38:44,640
May 31st. Please enjoy Colbert's final
 

2239
00:38:44,640 --> 00:38:46,576
May 31st. Please enjoy Colbert's final
shows. HE'S THE BEST.

2240
00:38:46,576 --> 00:38:46,586
shows. HE'S THE BEST.
 

2241
00:38:46,586 --> 00:38:46,750
shows. HE'S THE BEST.
>> [screaming]

2242
00:38:46,750 --> 00:38:46,760
>> [screaming]
 

2243
00:38:46,760 --> 00:38:48,430
>> [screaming]
>> GOOD NIGHT [cheering] AND GOOD LUCK,

2244
00:38:48,430 --> 00:38:51,440
>> GOOD NIGHT [cheering] AND GOOD LUCK,