Click here to access article by Pam Martens and Russ Martens from Wall Street on Parade.
It seems absolutely amazing to me that capitalists have created so many betting opportunities in their capitalist casino. The Martens in this piece have just come up with another one that appears so bizarre that it is hard to imagine being tolerated in a civilized society. I'm referring to Bank-Owned Life Insurance policies that they take out on their workers. It seems that with the number of deaths of bank employees that banks are making a "killing" (excuse the pun) from this tax exempt income. While trying to get information about this scam through the Freedom of Information Act, the Martens were told that it's a secret!