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DEATH BONDS
Wall Street is hot for death bonds--a security that packages together the proceeds for unwanted life insurance policies, or life settlements. In recent years, Wall Street investment banks have been moving into the life settlements market with an eye toward buying up unwanted life insurance policies and either packaging them as securities, or derivatives that can be sold to institutional investors. Death bonds and life settlements are seen as uncorrelated investment asset.
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matthew goldstein.
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Top Sources: Death Bonds
- survival-over-suicide.org
- pipe.com
- agilealliance.org
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