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Politics : Politics for Pros- moderated
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To: Nadine Carroll who wrote (480136)4/2/2012 3:45:52 AM
From: goldworldnet  Read Replies (1) of 793842
 
That's reminiscent of "Dead Peasant Insurance." It's regulated now, but it involves companies taking out insurance policies on their employees with the employer as the beneficiary. Wal-Mart did it the most and at one time they had policies on over 350,000 employees with Wal-Mart as the beneficiary. Michael Moore made a movie that discussed the practice in 2009. I don't like him, but employers gambling on their employees lives is creepy. There's a list of 215 companies here.

deadpeasantinsurance.com

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