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From the Pages of The Pomerantz Monitor: You Bet My Life

By Carolyn Moskowitz

As Adam Prussin reports in the current issue of The Pomerantz Monitor, most of us buy life insurance as a way to provide for our loved ones after we are gone. But some would prefer to use this prosaic product in another craps game in the endless Wall Street casino. Earlier in this past decade a new, morbid type of investment was born, the so-called ?stranger originated? life insurance. From 2004-2008, individuals bought tens of billions of dollars of life insurance on themselves, which they then read more

Full post as published by PomTalk on March 08, 2011 (boomark / email).