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Michael Moore's Expose of 'Dead Peasant' Insurance Policies Too Shocking Even for Good Morning America to Ignore
October 3, 2009 |
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From diarist alien abductee DailyKos: "Michael Moore's Capitalism, A Love Story has revealed a deep dark secret to the intrepid reporters of ABC News - so-called Dead Peasant Insurance, the practice of companies taking out secret life insurance policies on their low-level employees, with the benefits paid out to the company upon the employee's death, even if they no longer work at the company."
Jan Frel is an AlterNet staff writer.
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