Pam Martens and Russ Martens over on Wall Street on Parade, have been covering a great story about the possibility of JPMorgan Executives being whacked a couple weeks back along with another Banking Executive and a missing reporter whom covered the entire sordid financial crisis.
The probability of two vibrant young men in their 30s who are employed by the same global bank but separated by an ocean dying within six days of each other is remote. And few companies are in as good a position to understand just how remote as is JPMorgan: since 2010, it has received four patents on quantifying longevity risks and structuring wagers via death derivatives.
You want to talk about sick people, those that bet on death, let me run by you JPMorgan’s 2007 US Patented LifeMetrics,
“A tradable market in longevity and mortality risk will assist financial institutions, pension plans and their sponsors in product pricing, capital allocation and financial reporting. A recognised set of indices is necessary to start that process,” said Robert Hall, actuary at Watson Wyatt.
So, as anyone is able to take out life insurance; as the Mortgage Field Services Industry is in the tank, the question is whether or not National Association of Mortgage Field Services (NAMFS) Regime Members are taking out life insurance policies on Contractors. Fair question, I believe, as I begin to track down the mortality records within the Industry.
