You money bois hear about the Rhode Island lawyer?
Posted: Wed Feb 17, 2010 9:23 am
He was advertising to the terminally ill. He paid them 5k-7k to open a 'death' variable annuity and put in a million or two per policy. If the thing tanked, when the guy died, the orginal among was refunded, but if it did well, he was realizing 20-30% takes. Ha!