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Large Banks Quietly Pile Up 'Janitors' Insurance Policies

Original publication date: 
Thursday, May 2, 2002 (All day)

Some of America's biggest banks -- including Bank of America Corp., J.P. Morgan Chase & Co., and Bank One Corp. -- hold billions of dollars in so-called janitors insurance on their present and former employees. But investors may have a hard time finding much information in their Securities and Exchange Commission filings.

Worker Dies, Firm Profits – Why?

Companies Profit on Workers' Deaths Through 'Dead Peasants' Insurance
Original publication date: 
Friday, April 19, 2002 (All day)
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