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Old 04-08-08, 11:43 AM   #8 (permalink)
PETA
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Join Date: Jun 2005
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PETA is bootleg
Quote:
Originally Posted by BrandonWhat View Post
Christfuck, that was bloody depressing. And speaking of Christfucking, Xian, where do you stand towards this ethically? You seem like a good guy, I'm just curious if or how you would question any opposition to this.
With regard to Wal*Mart I'd already made a comment in the previous thread (the one that evoked this one) that Wal*Mart was behaving shamelessly. With regard to ERs taking out life insurance policies on EEs I'd say it depends. For example, the death of a janitor is not likely to impact a company's bottom line. However, the death of say an expert in securitized trusts and their bond markets could well cost the ER a ton of dough. The notion of "insurable interest" exists to prevent unethical insuruing practices. Defining "insurable interest" is a matter for each state to decide. I cannot give you a clear cut bright line definition but I can say that the two examples I gave would be on opposite ends of a spectrum. EEs falling outside those margins are clearly cut in or out but where the cut off in the middle is would be subject to debate.
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