As Bank Deaths Continue to Shock, Documents Reveal JPMorgan Has Been Patenting Death Derivatives
Wall Street veterans have also commented on the fact that JPMorgan may actually stand to profit from the early deaths of the two young men in their 30s. As we reported in March of last year, when the U.S. Senate’s Permanent Subcommittee on Investigations released its report on JPMorgan’s high risk bets known as the London Whale debacle, its Exhibit 81 showed that JPMorgan’s Chief Investment Office was also overseeing Bank Owned Life Insurance (BOLI) and Corporate Owned Life Insurance (COLI) plans which allow the corporation to reap huge tax benefits by taking out life insurance policies on workers – even low wage workers – and naming the corporation the beneficiary of the death benefit. Both the buildup in the policy and the benefit at death are received tax free to the corporation.
Palestinian Prisoners’ Spirit Remains Unbroken: Khandaqji’s Novel Wins
Prestigious Award
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May 2, 2024 Middle East – News – Palestine – Top Al-Manar The novel of
Palestinian prisoner Basim Khandaqji, “A Mask, the Color of the Sky”, won
the 2024 I...
13 hours ago
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