Watchblog zur MLP AG

Southern Germany’s leading newspaper “Sueddeutsche” offers a recommendend article dealing with the bogus of life insurances:
 “Abkassiert und schöngerechnet”

94 millions of life insurances have been made in Germany. The stupid germans consider live insurances to be clever investments.
Unfortunetely the article closes with bullshit:
Finanzberaterin Kühn empfiehlt, Absicherung und Sparen klar voneinander zu trennen: “Wer seine Angehörigen schützen […]

Uwe welcomes the new big shareholder Talanx. Talanx has bought the toxic paper from Maschi’s Swiss Life, so Talanx owns now 9,9% and the Swiss 15,9% of the Wiesholes.
So MLP is independend - except from owners Talanx, Swiss Lif, Allianz, Axa, …
Maschi will rule now Swiss Life - including AWD ans Minimum 15,9% of MLP.

Those fools who trusted in Heidelberger Leben formally known as MLP Lebensversicherung AG and located in the former MLP-tower face these days a hard surprise:
Obviously the insurance company is out of money: Nobody answers phone calls, emails or faxes.  The shop seems to be dead.

Kundenservice der Heidelberger Leben
(Montag bis Freitag 8.00 Uhr-18.00 Uhr)Telefon national: 01803 […]

From 1996 up to now the MLPers were told to sell “MLP Fonds Lebensversicherungspolices” for amortization of investments in the customer’s own firms or houses. This products seemed to be good for doctors, entrepreneurs and so on who needed credits.
The idea was: Get a loan by a bank - so you have to pay back […]

Yesterday there was this meeting about financial misadvisement that followed the emberassing study of Evers&Jung.
Secretary for consumer protection Ilse Aigner underlined that she wouldn’t go so far as to call all financial advisers to be crooked. In contrast to her we consider all the strukkibudes to be useless and dangerous parasites.
Ilse announced to offer cecklists. […]

Today our Uwe was invited by the german secretary for consumer protection at a conferance in Berlin. The Wieshole’s master was allowed to deliver a speach.
The lobbyists of the strukkibudes want to deter the government to label risky products with a colour-system simliar to traffic lights (e.g. ‘red’ means ‘hazardous’).
This labeling is absolutely unnecessary: Just […]

Here is a highly remmended text of a german writer that represents the experience of many young germans:
Gedanken zur Krise found in Sueddeutsche: “Jetzt”

Q: How many new customers did MLP found in 2008 (adjusted)?
A: 27.000.
Q: How many new customers did each of the 2.600 MLPers found (adjusted)?
A: 11 .
Q: Is this one per month?
A: No, its less than one per month.
Q: How many new customers did MLP found in 2008?
A: 42.000.
Q: How many new customers did each of […]

MLP’s big rival AWD had a hard time in its colony Austria. The austrian media and politicians took aim on this silly strukkibude. AWD’s strukkis are nicknamed ‘finanzkeilers’ (finance tuskers).  Now the government decided to control the ‘finanzkeilers’ in an effective way. This results in a collateral damage for MLP Austria because they will face […]

A friend of Germany who knows the Wiesholes very well sent us this letter here. Judge yourself!
Gier, Größenwahn und Unfähigkeit….
Moin, miteinander!
…was für eine kaum zu glaubende Zeit, die „Experten“ der Investmentbranche sind in der Realität gelandet, die Blase ist – endlich und absehbar – geplatzt!
Die nahezu alle infizierte Gier hat einen Namen bekommen – Madoff […]