Money and Your Life: Investors Bet on Mortality

ABC NEWS

By: Bill Weir and Jake Whitman

Fresh off the meltdown of the mortgage business last year, Wall Street’s bankers have found a new way to make money: the buying and selling of life insurance policies belonging to the sick and elderly.

Read the original article here

Commentary by Life Policy:

This article tries to portray the market as being the banker’s new scam, however it does explain why even the highly educated professional may need the market.


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