Annuity buy-backs, anyone? Someone at Wall Street must have thought of that and pitched the securitisation already. Think about it - large companies agreeing u

Annuity buy-backs, anyone? Someone at Wall Street must have thought of that and pitched the securitisation already. Think about it - large companies agreeing up front to spend a minimum of X billion a year buying back their stock. And then WS banks parceling both sides of the risk and exposure to investors seeking anything with non-negligible yield.