Death Bonds: Wall Street Teams Up With Insurance Companies to Kill People, Reap Profits

Wall Street's latest scam is to bundle life insurance policies purchased from the sick and the elderly into securitized death bonds and funds. The earlier the group of policyholders die, the bigger the return. Full Story »

Posted by Dwight Rousu

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Dwight Rousu
3.8
by Dwight Rousu - Sep. 8, 2009

The death bond bundling puts an interesting perspective upon the health insurance industry.

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Dwight's Rating

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from 12 answers
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3.7
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