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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: roguedolphin who wrote (106891)1/20/2010 11:57:24 PM
From: Krisyy51 Recommendation  Read Replies (1) of 116555
 
The cat bond is an incentive for sabotage. It is also a motive for murder if the lives of individuals are being insured. If the amount wagered by the investor is high enough, the sponsor may feel that sabotage or murder is worth the risk of winning the large bet of the investor. Because the pot is so big, the sponsor can afford to pay a portion of the winnings to the saboteur or the murderer. In the example above, the levees in New Orleans could be weakened by underwater demolitions to trigger the cat bond resulting in substantial earnings for the sponsor of the bond.

TIAA-CREF (Teachers Insurance and Annuity Association—College Retirement Equities Fund) have been engaged in racketeering and money laundering and have been the defendant in a number of RICO lawsuits. It has agents in the American University in Cairo, Egypt and in Beirut, Lebanon, where it is recruiting agents to kill Americans around the world.

While Barack Obama was a director at the Joyce Foundation, he arranged a grant of around one million dollars to Northwestern University’s Kellogg School of Management to develop a catastrophe bond rule based system, to conceal allegedly, a murder for hire network.

abeldanger.blogspot.com
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