Death Derivatives Emerge From Longevity Risks. Goldman Sachs Group Inc. (GS), Deutsche Bank AG (DBK) and JPMorgan Chase & Co. (JPM), which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths. Your thoughts???
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GS haters are going to jump all over this, haha
Just another way to make a profit. Putting it that way is obviously biased.
Goldman has been investing in and dealing viaticals for a long time. Look it up. This is nothing new.
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