No. of Recommendations: 3
Pretty pathetic to say that buying undervalued bonds is similar to taking advantage of devastated people who have just lost everything material, (and in too many cases still getting over the loss of loved ones), living in school gymnasiums or in tents on other public land, wearing donated clothes, eating red cross meals; by offering them some crumbs with the sole intent of reaping a nice fat profit.

Our civil court systems, tort suits, arbitrators, networks of insurance companies, etc, are there to help make deserving people whole again. They don't exist for slimy vultures to move in to profit from the misfortune of others. You find that admirable?

Sometimes karma does kick in. Maybe a few will buy something sleek and fast and give it a collision test into an overpass abutment or the back of a log truck. (One can only hope).

Maybe a hedge fund that locates people with stage 4 cancer and buys out their life insurance policies might be to your liking?
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.