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Ian Carroll filled in for Candace. Excellent investigative report on “arbitration”.

Posted on 5/28/25 at 7:31 pm
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 7:31 pm
If you have the time it’s worth the listen especially if you are a small business owner.

Posted by BigPerm30
Member since Aug 2011
29506 posts
Posted on 5/28/25 at 7:34 pm to
Ian Carroll subbing for Candace? The “Elite academia” just had their head’s explode.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452344 posts
Posted on 5/28/25 at 7:38 pm to
Leftism is better when leftists do it, like John Oliver
Posted by boosiebadazz
Member since Feb 2008
82862 posts
Posted on 5/28/25 at 7:39 pm to
Most contracts between individuals and companies compelling arbitration are adhesionary. I’d be fine with amending the FAA to put more of an emphasis on equal bargaining positions.
Posted by 632627
LA
Member since Dec 2011
13853 posts
Posted on 5/28/25 at 7:42 pm to
Elites secret courts?
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 7:52 pm to
quote:

Most contracts between individuals and companies compelling arbitration are adhesionary. I’d be fine with amending the FAA to put more of an emphasis on equal bargaining positions.


It’s a subject I’m totally ignorant about. However the cozy relationship between corporate America and AAA seems a little one sided.
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 7:54 pm to
quote:

Elites secret courts?


Arbitration. Where rules are made up and information is sequestered.
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 7:58 pm to
quote:

Ian Carroll subbing for Candace? The “Elite academia” just had their head’s explode.


Candace is on maternity leave. IDK why Ian gets a bad wrap. He does the work. The show I linked in the OP he said they have been working on over a year.
Posted by Wednesday
Member since Aug 2017
16534 posts
Posted on 5/28/25 at 8:01 pm to
I am going to watch this. I think Arbitration Clauses should be banned in consumer transactions.

They are hidden in all manner of form contracts- and consumers lack any bargaining power to negotiate the terms.

I’m at war with Wells Fargo right now in some ludicrously expensive FINRA arbitration - Wells Fargo writes the rules, prohibits discovery and there’s basically no appeal if the decision is wrong.

They are an abomination so far as I am concerned and I hope this Ian guy talks about it.
Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 8:05 pm to
quote:

I am going to watch this. I think Arbitration Clauses should be banned in consumer transactions.


The first 15 minutes Ian goes into arbitration in general and the rest of the show he moves into a specific case. It moves fast.

Posted by GumboPot
Member since Mar 2009
133704 posts
Posted on 5/28/25 at 8:08 pm to
quote:

I’m at war with Wells Fargo right now in some ludicrously expensive FINRA arbitration - Wells Fargo writes the rules, prohibits discovery and there’s basically no appeal if the decision is wrong.


I.e., “secret court”.

I’m sorry you’re going through this and wish you best of luck.

quote:

They are an abomination so far as I am concerned and I hope this Ian guy talks about it.


He doesn’t talk about Wells but goes into another arbitration case that will piss you off.
This post was edited on 5/28/25 at 8:51 pm
Posted by boosiebadazz
Member since Feb 2008
82862 posts
Posted on 5/28/25 at 8:29 pm to
quote:

It’s a subject I’m totally ignorant about. However the cozy relationship between corporate America and AAA seems a little one sided.


And this is another area where MAGA’s main street populism could split with the country club GOPe types.

Without knowing anything specific, I guarantee you Wednesday’s client was handed a stack of papers to sign when they opened the account at Wells Fargo. In there was a forced arbitration agreement that her client didn’t read or understand. Moreover, if she wanted to bank at Wells Fargo (or at all because they’re ubiquitous), she had to accept the boilerplate terms presented to her. That is an adhesioanry contract because the bargaining power of the parties is so out of balance that it really does not exist for one side.

This has been rubber stamped by the GOPe and SCOTUS for decades.

This would be a good area for Trump to seek reform.
This post was edited on 5/28/25 at 8:30 pm
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