NYT: Wall Street tries bundling life insurance

NYT: Bank meltdown changes little on Wall St.
Wall Street lives on. One year after the collapse of Lehman Brothers, the surprise is not how much has changed in the financial industry, but how little.

More Innovation from Wall Street: Securitized...
excerpt: ""The geniuses of Wall Street have decided that the next big thing is betting on death. Yes, Wall Street will be rooting for sick people to die right away, at least as soon as the...

New Exotic Investments Emerging on Wall Street
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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