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Financial Advisor, GTA, Ontario, Canada
Investment, Insurance, Tax & Estate Planning

Wednesday, December 22, 2010

Investors Make Bets On When Life Insurance Policy Holders Will Die


A Cheery Holiday Message from Bankster: Death Eaters on Wall Street
Today a stunning expose on a publicly-traded company called Life Partners Holdings. Are you ready for this?
Life Partners creeps around asking the unemployed, the elderly and the sick (especially people with HIV/AIDS) to sell them their life insurance policies for cash. Then they bundle these policies into securities and sell them to vultures -- oh, I am sorry, “investors.” Then the “investors” sit around and wait for people to die -- the sooner the better for the purchasers of these death bonds. The future of this industry “looks bright,” chirps National Underwriters.