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Wall Street wants to bet on your life!!

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posted on Sep, 15 2009 @ 05:41 AM
It seems that sometimes, some people, either because they need to pay their medical bills or whatever, sell their life insurance policy. Well, wall street's new brainstorm seems to be that they can slice and dice, cut up and package these new securities, like they did the mortgages. they win big if the people die early, or lose big if they live longer than expected.
the newest bubble to be created....

umm....kind of puts the idea of "death panels" in a new light?

posted on Sep, 15 2009 @ 06:04 AM
reply to post by dawnstar

Yeah well I got news for them. When the swine flu kills us all it'll cause another bubble. It'll all be fun and games for a couple of months and they'll be living high on the hill.

But then they'll run out of bodies and it'll pop just like the real estate market and the economy will crash again

Oh crap, did I just figure out their plan?
I sure hope not lol.

posted on Sep, 15 2009 @ 12:45 PM
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