Wall Street bankers plan to buy life insurance policies that ill and elderly people sell for cash and package hundreds or thousands of them together into bonds.
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New Exotic Investments Emerging on Wall StreetCourtesy NYT > Business Sat, 09/05/2009 - 11:12
Wall Street bankers plan to buy life insurance policies that ill and elderly people sell for cash and package hundreds or thousands of them together into bonds. Related itemsWall Street up on optimism over Europe
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