After the collapse of collaterized debt obligations (CDOs), Credit Default Swaps (CDSs), mortgage backed securities, and other structured investment products, Wall Street financial and investment companies are now looking into other ways to make quick money. They may have found one but this time, it is by redesigning life insurance policies, investing and "gambling" them.
Plan for such life policies is still in design stage.
Wall Street Pursues Profit in Bundles of Life Insurance [via]
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