Nothing will stop these people short of a full blown revolution(and any revolution that has any chance of happening any time be by right wingers who would give
the a-holes even more power,because the left has become too meek,too soft to even think such a thing.)
Changy McChange has shown he is just as big a corporate stooge as any Republican-perhaps even more so.I’m sure Tim “no Clue” Geithner will think this is a marvelous idea.

It’s not “1984”,it’s frigging “Rollerball”(the original).

probably beyond PK Dick - the ultimate derivative investment instrument - if
what’s being rumored about the H1N1 -
http://www.globalresearch.ca/index.php?context=va&aid=14312- is on target -
this could be a redux of the 9/11 windfall in put options - who knows what and
since when have they known it?

Your brief article leaves out the most significant effect of this latest financial “innovation,” which is that the financial geniuses end up profiting at the expense of most everyone else. 
As it stands now, most policy holders stop contributing to their life insurance plans after children move out and the adults in the family accumulate other assets for retirement.  In these cases, the money already paid in accrues to the insurance companies.  Insurance companies price this “income” into their policies.  Therefore, if these financial geniuses “buy” the policies from individuals and then bundles them and carry them until the individuals’ deaths, the insurance companies will have to pay out the full insured amounts on all the policies.  Hence, from now on life insurance companies will have to charge more for the insurance (if they don’t go broke first or require bailouts from taxpayers).
In sum, the financial firms that cash out policyholders and sell the securitized bundles of policies will earn money from both the bundling, managing, and playing the markets for these securities.  But all future purchasers of life insurance will pay more for protection.  This is, therefore, a distribution from all future life insurance purchasers to the financial industry promoting these new securities. 
Let’s not forget what life insurance is for, which is to insure families against the loss of income due to the death of the wage earner(s) in the family.  This is most important for young families with young children.  This latest innovation makes life insurance more costly and thus less accesible for lower income families. 
Yes, the Wall Street geniuses also gain if the bought-out policyholders die sooner rather than later.  And so it goes.

Where are the regulations and the laws to control any further outrages by this class of criminals? This news makes me even happier about the French man who bought an old ladies property with a contract to allow her to continue living in it until her death and he had to pay all the taxes and such. She lived for decades and he died first broken by a (for him) bad deal. A clear case of poetic justice.

Make’s sense, let’s create a financial incentive for people in this country to die
before their time.  We can kiss the public option goodbye.