Trades From 1990s Come Back to Haunt Wall Street

In the 1990s, U.S. banks came up with a clever idea: using life insurance to bet that their employees would eventually die. Now those wagers are coming back to haunt Wall Street banks for reasons that have little to do with their employees' longevity.

via Business News http://finance.yahoo.com/news/insight-trades-1990s-come-back-110344903.html