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Selling Death: Wall Street's Newest Bubble: by L. Randall Wray

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Robert Arend
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"Wall Street really is moving forward to market bets on death. The banksters would purchase life insurance policies, pool and tranch them, and sell securities that allow money managers to bet that the underlying "collateral (human beings) will die an untimely death. You can't make this stuff up.
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Retired, Robert Arend was president of an AFSCME local from 1997-2007.
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