Agreed - in part.
I've made some broad assumptions based on my understanding of how the debt market works. Obviously if they have bought a particular high value one-off debt based on a specific assessment there may be other arguments, but even there the PD involved would in my view be the characteristics and matters taken into account in setting the price - not the price itself.
So even in the broader case there might be an argument that in some cases the profile of debts purchased might be PD - with the obvious problem of how far can you say the average is PD of an individual - but again not the amount / %age paid
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
All archives of messages are stored permanently and are
available to the world wide web community at large at
http://www.jiscmail.ac.uk/lists/data-protection.html
If you wish to leave this list please send the command
leave data-protection to [log in to unmask]
All user commands can be found at http://www.jiscmail.ac.uk/help/commandref.htm
Any queries about sending or receiving messages please send to the list owner
[log in to unmask]
Full help Desk - please email [log in to unmask] describing your needs
To receive these emails in HTML format send the command:
SET data-protection HTML to [log in to unmask]
(all commands go to [log in to unmask] not the list please)
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
|