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Goldman retreats from life settlements Fri Dec 18, 2009 2:27pm EST *Goldman decision follows Congressional hearing *Credit crunch crushes exotic securities By Matthew Goldstein NEW YORK, Dec 18 (Reuters) - Goldman Sachs (GS.N) is quietly backing away from life settlements--- the business of buying life insurance policies from aging Americans in the hopes of collecting on the death benefit. The Wall Street investment bank is ending its involvement with a "mortality index" it launched in December 2007 with high expectations. A Goldman spokesman confirmed the decision. Goldman's QXX index tracks the life expectancy of a group of people aged 65...

hillary in aviaryHILLARY'S INCOMPETENCE by Mia T, 11.13.05 (viewing movie requires Flash Player 7, available HERE) Clinton Administration Veteran:"Hillary Rodham Clinton needs to be kept very far away from the White House for the rest of her life." My two cents' worth--and I think it is the two cents' worth of everybody who worked for the Clinton Administration health care reform effort of 1993-1994--is that Hillary Rodham Clinton needs to be kept very far away from the White House for the rest of her life. Heading up health-care reform was the only major administrative job she has ever tried...