We recently published a blog titled “(Grim) reaping the benefits of life settlements?” The blog detailed a Slate magazine article that stomped a mud hole in the life settlements industry. Written by a self-proclaimed New York writer/dancer, the diatribe compared the life settlements arena to the Wild West, a place where people make and live by their own rules.
Let’s just say the piece stirred up a hornet’s nest and provided us with some of the more colorful comments we’ve come across in a while. Listed below are two examples of the comments we received:
One of my life settlement clients sent me the article yesterday, so I was glad to see you address it so quickly. After having been in the industry for over 40 years (the first 22 also securities licensed), I think life settlements are one of the finest investment products I’ve had to offer my clients…When the situation fits!