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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Math Junkie who wrote (51810)4/16/2002 4:10:44 PM
From: Smart_Money  Read Replies (1) of 99280
 
Anyone comment on this. Did you know Walmart buys life insurance on entry level employees without telling them. I think this is morbid. Everyone knows companies buy Life Insurance on key executives. I did not know until today they buy polices on the checkout personnel. Walmart has denied this practice in the past. The managing company of the polices find out by running "death runs" of Social Security numbers to uncover who has past away. Matter of fact, the life insurance companies loan the money to Walmart for the premiums. Sounds like a true scam to me.
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