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Not specific to inmates, but in general, yes, investors are willing to make money from buying unwanted life insurance policies. http://www.investopedia.com/articles/pf/07/unwanted_policies...



Color me not surprised. There are probably "synthetic collateralized death obligations" as well, though I'm sure they have a different name.

http://www.investopedia.com/terms/s/syntheticcdo.asp




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