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Bill Thompson's avatar

Scams on an international scale. Nothing new. What usually begins to cure this is heads in baskets. That is a historical fact too.

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Roger Ison's avatar

So really, it's not that the insurers are taking a chance on the annuitants' lifespans. It's the other way around. And the people who buy that stuff are, unfortunately, often people who really don't have enough savings already. This is legal?

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