In 1999, Whirlpool Financial National Bank was ordered to pay over $580 million after a jury determined it defrauded thousands of Alabama consumers. Whirlpool was sued by 59 victims across the state for its satellite dish financing program scheme. The program sold satellite dishes to victims for $1,100 plus 22 percent interest. The same product […]
Whirlpool paid $580 million in punitive damages making it if not the biggest settlement in US history, one of the biggest. The story is indicative of Whirlpool’s corrupt culture and why a whistleblower like Rev. Edward Pinkney can’t be tolerated. As the movie Casablanca so memorably illustrated, anytime someone expresses “shock, shock,” there’s a good […]
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