Seriously creepy news from the world of finance

[hudebnik]

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?

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And the bizarre part...

[hudebnik.livejournal.com]

The Times article raises all kinds of concerns about fraud, and investors losing money if (God forbid!) health insurance reform were enacted and successful, or a cure was discovered for one or two major diseases, but it doesn't have a problem with giving Rich and Powerful People a substantial financial interest in those things not happening.