Jenny Anderson/NYT: Wall Street Pursues Profit in Bundles of Life Insurance: “The earlier the policyholder dies, the bigger the return — though if people live longer than expected, investors could get poor returns or even lose money.“
Jenny, baby, jus’ say like it is: Wall Street lawyers love to find ways to screw you after you’re dead. They’re not only going to reach in to your back pocket while you’re in your coffin, they’re damn sure going to check your ass before you get toasted into fertilizer.