http://www.walmartwatch.com/info/internal.cfm?subsection_id=131&internal_id=350
Interest article on companies buying life insurance on their low-level
employees.
They borrow the money for the premiums from the insurers, write it off as
expenses and then collect the money if the employees croak..
Says that 1/4th of the fortune 500 are doing it..
Posted by Steve at September 5, 2002 05:09 PM