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Non-Tech : The ENRON Scandal
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To: Baldur Fjvlnisson who wrote (4181)7/3/2002 12:10:00 AM
From: Mephisto   of 5185
 
"Many companies have bought corporate-owned life insurance, which is also known as "dead peasant" or "dead janitor" insurance.The nicknames reflect the fact that these policies are on low-ranking employees, rather than the top-ranking executives whose death could be a financial blow to the company. "

Baldur, recently I heard about these policies. Most workers don't know that their company has insurance
on their lives.
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