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LIFE-SETTLEMENT

The Vine

Is ABC News trying to mislead wary investors on Wall Street?

On Monday October 5, 2009, ABC World News with Charles Gibson ran a feature story titled "The Business of Life Insurance: Betting on your own Mortality." This feature story was clearly motivated by a Front Page article that appeared in the Sunday Edition of the New York T …

LISA Responds to ABC Report on the Life Settlement Market
Source: Cloud Computing Jounal

World News Tonight (ABC) considered Life Settlements. Producers of the program found a physician consumer, Dr. Eddy Powell, who had happily sold his life insurance policy for far more than the value which the life insurer would have offered him at the time. Dr.

Betting on Death: Life Settlements Flourish on Wall Street
Source: foxbusiness.com

When Wall Street first began securitizing mortgages--that is, packaging them together and trading them like so many pork belly futures--it seemed like a really good idea.

Larry King Rooked In Life Insurance Scam?
Source: The Smoking Gun Website

Larry King bought a $10 million life insurance policy in 2004, then sold the policy for $850,000. In the federal complaint filed in the U.S.

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