Posted by Julie/MI on 12/17/08 5:34pm
Msg #272195

Tony, why you?

Just curious how the Justice Department choose YOU, to be the spokesman for price fixing.

Reply by Negrete on 12/17/08 5:47pm
Msg #272199

They said that they seen my post on here more often thatn mo

They said that they seen my post on here more often thatn most SS's.

Reply by GY_CT on 12/17/08 6:09pm
Msg #272205

What Price Fixing Is

There seems to be some confusion on this issue of price fixing and the NNA.

"Price fixing" occurs when the members of an entity, formal or informal, agree on a price for their goods or services. It is invariably a collusion designed to drive non-members out of the market, thus corrupting the marketplace.

Unless it can be demonstrated that all NNA members abide by its fee schedule, and thus unfairly corner the market, the NNA legal team will be able to bat this fly away with a single swat.

Don't think I'm a friend of NNA. Far from it! See my other recent posts. IMO the organization is a racket, and with the latest BGC scam, can tap into an unlimited resource by exploiting notaries nationwide --including its own members.

Reply by Joan Bergstrom on 12/17/08 6:24pm
Msg #272206

I was called last month and I didn't ask where she had found me?

Reply by Lee/AR on 12/17/08 6:54pm
Msg #272215

This whole thing sounds soooo dumb. OMG, the bottom of the food chain might be price-fixing! Undoubtedly this has something to do with the mortgage disaster...probably the reason a 750 billion bailout was needed---those dang notaries. Yes, we need to look into this very thoroughly (and get the spotlight off where it belongs). Sheesh....

Reply by Susan Fischer on 12/17/08 9:09pm
Msg #272242

Despite the NNA's "Suggested Retail Price" for our

services, the information generated by a nationful of NSAs on boards such as NOTROT, will reveal a 'range' of pricing with many variables. One of the sins of the NNA is that they set the bar for fees so low, all the while promising 6 figure pay; meaningless "certifications," end-all-be-all BGCs, and overpriced merchandise. I'm sure I left out some others. JMHO.

Everyone who thinks we NSAs get paid too much, raise your hand. (waits an appropriate time...)

No hands.

Maybe price-fixing is just a place to start. For instance, trying to get a 'mandate' that *their* BGC is the end all be all...pretty much trying to eliminate all the other opportunities for competition - as if they've got a corner on Homeland Security. And, they sure have a lousy rep for answering general and specific NSA questions from around the country - tons of documentation there.

I think the NNA has crossed a few lines over the last 5 or so years, and maybe I'm not alone there.

As for targets, isn't it a rare investigator who tips his entire hand, and wins the case? I'd guess it's not we Notaries that are a target component; after all, we're the working stiffs with our boots on the ground, getting the deals done. It's those pesky lines that may or may not have been crossed by the NNA.

Go DOJ! "Indictment" is becoming one of my favorite words...

Reply by Les_CO on 12/17/08 7:30pm
Msg #272229

Just a guess….Maybe because he’s ‘worn both hats’? He is/has been, a “Notary Signing Agent”, and also runs a SS. He’s been successfully doing it since the ideas conception, and he has a sterling reputation. Who better to ask, than someone that’s …been there….done that?

Reply by sue_pa on 12/17/08 7:37pm
Msg #272232

you cannot possibly be that naive.

Reply by Les_CO on 12/17/08 7:53pm
Msg #272238

Sue you make me smile.