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"Vitality default swaps?" ;-) I'm sure someone on Wall Street is already working on it.
by username223 10y ago
"Vitality default swaps?" ;-) I'm sure someone on Wall Street is already working on it.
- kevinpet 10y agoNot specific to inmates, but in general, yes, investors are willing to make money from buying unwanted life insurance policies. http://www.investopedia.com/articles/pf/07/unwanted_policies.asp http://www.investopedia.com/articles/pf/07/unwanted_policies...
- username223 10y agoColor me not surprised. There are probably "synthetic collateralized death obligations" as well, though I'm sure they have a different name. http://www.investopedia.com/terms/s/syntheticcdo.asp http://www.investopedia.com/terms/s/syntheticcdo.asp