Tornado Alley (PROG)

[BullNBear52]

I'm stunned and at a loss for words.

http://www.nytimes.com/2009/09/06/business/06insurance.html?hp=&adxnnl=1&adxnnlx=1252256517-ck70F5taSh2Ob1FVvqOAJw

And kind of PO'd I didn't see this one coming.

http://finance.yahoo.com/echarts?s=AIG#symbol=AIG;range=3m

I couldn't figure out why the hell this stock was running.

What won't these guys try and securitize next?

Gerber Life Insurance needs to get in on this deal. With the infant mortality rate in this country it will be a win win for them.

And AIG can get back in the business of credit default swaps only this time they'll be called death default swaps.

This is sinking to a new low.

The earlier the policyholder dies, the bigger the return — though if people live longer than expected, investors could get poor returns or even lose money.

Now if you're really twisted you can carry it one step further and suppose for a moment that the bankers are hoping healthcare reform passes and death panels will be in vogue.