The Traderszone Network

Published in TZ Latest News 23 June, 2014 by The TZ Newswire Staff

Forget CDS; Corporations Are Now Taking Out Life Insurance Policies On Employees

At the heart of the last financial crisis, some compared CDS to buying home insurance on a neighbor’s home and burning it down; it appears the USA has come a long way in the last few years. As NDTV reports, employees at The Orange County Register received a rather unusual request from their employer – Freedom Communications – writing to request workers’ consent to take out life insurance policies on them….

read more