From the people who brought you mortgage-backed securities, I give you: life insurance-backed securities!
Thursday, September 10, 2009
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Every week we meet for breakfast to talk about whatever is on our minds, but sometimes we have more to say than what can fit into our family breakfasts.
I am not buying the Asian-backed securities. Those people live FOREVER.
ReplyDeleteI want to know what their pooling procedures. Will they pool and repackage Asians with drug runner? What about Floridians? Can you buy a partial interest in a group of people?
ReplyDeleteAll important questions. I wonder how I could get a share of the Smuckers' pool. It has to be good.
ReplyDelete