Just in time for Halloween comes a tale so gruesome, it's hard to believe it's true. Goldman Sachs, the Wall St. investment bank that took $10 billion in taxpayer bailout money and then paid out $11 billion in bonuses to its already-rich executives now has a new scam: killing the American people for profit.
Goldman Sachs has gotten into the death bond market. When sick or elderly Americans need cash, they can sell their life insurance policies to companies that will pay them a fraction of the value. Now Wall St. banks like Goldman Sachs are buying up those insurance policies, bundling them into investment funds, and selling them to investors. The sooner people die, the faster profits rise.
It's the same thing Wall St. did with mortgages. In that case, they destroyed our economy and hardworking Americans lost their job and their homes. Now, they'll lose their lives. Despite the dark consequences, Goldman Sachs and Wall St. want suffering to spread so their profits will surge.
It's no surprise Goldman Sachs is getting into the death bond market now. They want to make as much money as possible before health care reform passes. The status quo, lousy health care we have now is good for the death bond business.
In 2007, Goldman Sachs CEO Lloyd Blankfein took home over $68 million dollars -- including one of the largest bonuses in corporate history. But apparently, that's not enough. Blankfein wants to literally bleed the American public for more profit by create a new fund for death bonds.
Death bonds re gruesome and immoral and prey on the sick and elderly for corporate profiteering. Sign a petition to tell Lloyd Blankfein to kill Goldman Sachs' death bond proposals