100 Slaves 100 Enemies

“Showdown In Chicago”: Protesters Crash Bankers Convention, VIDEO, IMAGES.

banksterusa.org: Real Economy Project

Tools for taking your anger out on the financial industry that just ripped you off.

It is a mistake to feel sorry for the financial industry or to keep giving them money. Now they want to bundle life insurance policies that cover people with terminal illnesses. Why? Guaranteed pay outs. Of course, their big concern is losing money if a cure is found for any of these illnesses. Just another example of the cruel, inhumane, macabre, warped nature of people who use greed as a motivational factor and celebrate it as CAPITALISM.

To help understand how to manage these risks, Ms. Tillwitz and her colleague Jan Buckler — a mathematics whiz with a Ph.D. in nuclear engineering — traveled the world visiting firms that handle life settlements. “We do not want to rate a deal that blows up,” Ms. Tillwitz said.

The solution? A bond made up of life settlements would ideally have policies from people with a range of diseases — leukemia, lung cancer, heart disease, breast cancer, diabetes, Alzheimer’s. That is because if too many people with leukemia are in the securitization portfolio, and a cure is developed, the value of the bond would plummet.

[From Back to Business - Wall Street Pursues Profit in Bundles of Life Insurance - Series - NYTimes.com]

… instead of TARP money: