I agree with you. It was a model preying on less skilled people/public and offered far less security than properly placed and advised cover. You may also note that in many cases it was higher priced than quality advised and underwritten offerings.
Did they flaunt the law so carelessly for share holders benefits or they just were not so skilled running a company applying ethics.
It never attracted me and its great you seen the writing on the wall and saved some money.
FIG Price at posting:
2.2¢ Sentiment: None Disclosure: Not Held
