Thursday, September 10, 2009
Latest Wall St. scam? Death insurance bonds
Massachusetts life insurers and regulators are on high alert due to Wall Street’s latest scheme to make a buck: betting on when people die.
Financial firms appear to be gearing up for a big push to buy up billions of dollars of so-called “life insurance settlements” and then bundle the insurance policies into securities to be sold to investors...
Boston Herald: Latest Wall St. scam? Death insurance bonds
Financial firms appear to be gearing up for a big push to buy up billions of dollars of so-called “life insurance settlements” and then bundle the insurance policies into securities to be sold to investors...
Boston Herald: Latest Wall St. scam? Death insurance bonds
Permalink posted by markw @ 5:23 AM 
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