The New-and-Improved (?) Wall Street is betting on death.  They're for it.  Yes, from those delightful folks that brought us MBS (mortgage backed securities) and CDS (credit default swaps), the instruments that in turn brought us GFM (global financial meltdown), we have a new candidate:  pools of securities backed by "life settlements".  I'll let Marshall … Continue reading OMG – The New-and-Improved (?) Wall Street is betting on death