Life Settlements Beyond The Hype

Legacy Benefits

By Melana Yanos

BusinessWeek hit the newsstands last July 30 with a cover image of the Grim Reaper behind the headline: “Death Bonds: Inside Wall Street’s most macabre investment scheme yet.” In the opening paragraph of the article, author Matthew Goldstein gibes about the gathering of financial bigwigs in new York to talk about Life Settlements: “With all the happy banter, you wouldn’t have known that they were there to learn about new and imaginative ways to profit from people dying.”

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