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Any talk of more Express closures
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<blockquote data-quote="bacha29" data-source="post: 5695636" data-attributes="member: 58386"><p>You can go buy short term insured paper CD's T's etc and get by and large a comparable return. But to go and put everything you've got savings, house, car, life insurance etc to float a loan to buy up an FDX contract that offers zero contractual protections for that money and in a GOOD year you now might have a mid to high single digit percentage return. And this is not the first time Fat Freddy has slowed settlement increases or flat out cut rates when he believed contractors were making too much money. </p><p></p><p>It's interesting to see how FDX is trying to get people on the inside to bite on the deal despite the fact that they if anybody would know an increasingly unattractive deal when the see it. So what's that tell you?</p><p></p><p>People on the outside now know enough to stay away from it as well.</p></blockquote><p></p>
[QUOTE="bacha29, post: 5695636, member: 58386"] You can go buy short term insured paper CD's T's etc and get by and large a comparable return. But to go and put everything you've got savings, house, car, life insurance etc to float a loan to buy up an FDX contract that offers zero contractual protections for that money and in a GOOD year you now might have a mid to high single digit percentage return. And this is not the first time Fat Freddy has slowed settlement increases or flat out cut rates when he believed contractors were making too much money. It's interesting to see how FDX is trying to get people on the inside to bite on the deal despite the fact that they if anybody would know an increasingly unattractive deal when the see it. So what's that tell you? People on the outside now know enough to stay away from it as well. [/QUOTE]
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