hudebnik: (rant)
hudebnik ([personal profile] hudebnik) wrote2009-09-07 09:36 am
Entry tags:

Seriously creepy news from the world of finance

From this post (ETA: which links to this article), a nifty new financial derivative: trading other people's life insurance policies. Since the investor assumes responsibility for paying the premiums, the return on investment is greatly improved if the insured dies as soon as possible. Do you want a major corporation to have that kind of investment in your... umm... health?
siderea: (Default)

[personal profile] siderea 2009-09-07 07:51 pm (UTC)(link)
(Pssst. That's a locked post.)

[identity profile] hudebnik.livejournal.com 2009-09-07 09:18 pm (UTC)(link)
Oops; thanks for pointing that out. Added a link.