Your deaths may be worth $26 Trillion...

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Your deaths may be worth $26 Trillion...

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Adeptus

iTulip High Commissioner

Join Date: Apr 2008

Posts: 1004

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Your deaths may be worth $26 Trillion...

September 07, 2009, 01:33 AM

Will they get away with sub-prime 2.0? This time, not by sucking the life from the living via real estate pumping and speculation, but from the dead via the life-insurance settlement casino. Will this be the next big wall street scam?

http://www.marketwatch.com/story/lif...act-2009-09-06

Step 1. Buy all the life-insurance settlements of city X
Step 2. Bomb city X
Step 3. Profit
Step 4. Go to hell

Somebody is going to hell for this... quite possibly literally.
Adeptus

Last edited by Adeptus; September 07, 2009, 02:07 AM.

Warning: Network Engineer talking economics!

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