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Politics
: PR WatchA Cheery Holiday Message from Bankster: Death Eaters on Wall Street
By Mary Bottari
Today?s Wall Street Journal has a stunning exposé 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.
Reminds you a little of those Death Eaters in Harry Potter, doesn?t it?
Full post as published by PR Watch on December 21, 2010 (boomark / email).
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