5-9-11: Wall Street and Your Death

May 9, 2011 at 8:00 am Leave a comment

It’s like “Death of a Salesman” Meets “American Psycho”: Elderly Americans cash out their life insurance policies to investors for a quarter on the dollar, and investors bundle the policies just like they did with mortgages.

Former federal regulator Michael Greenberger helps us understand why it may be in the interest of some people on Wall Street for you to die sooner rather than later.

Michael Greenberger is the director of University of Maryland Center for Health and Homeland Security. Hear what he has to say about foreclosures–both the law school’s efforts to prevent them, and what he considers the unconscionable treatment of military families in foreclosure: And here’s Greenberger discussing another Wall Street practice, called “mortality swaps”:

Entry filed under: economy, On Air, Safety Net. Tags: , , .

5-9-11: Beating The Odds 5-9-11: IHV and AIDS

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Podcast! Miss an episode of Maryland Morning? Podcast it here.

Keep up to date with our RSS feed.

What’s on Our Twitter

Error: Twitter did not respond. Please wait a few minutes and refresh this page.

MM_logo

%d bloggers like this: