In the Subprime of Their Lives

Remember all those subprime loans
Investment banks securitized?
That’s Wall Street slang the world bemoans
For marketing them, ill-advised,
As bundled, junk-filled mortgage bonds.
Now hear what’s next that corresponds.

Investors lost when housing tanked.
Defaulting owners walked away.
But now it’s loss on which they’ve banked:
They would that seniors’ health decay.
The life-insurance policy
They want to float it globally.

Here’s how it works: the seniors sell,
For half what policies would pay.
It’s hoped the elder isn’t well;
Investors till the final day
Must keep on paying premiums
They don’t want grown to tidy sums.

By now we know investment banks
Have all the heart of great white sharks.
So guys, no predatory pranks,
No anti-health reform remarks.
Don’t take away our grandmas’ drugs
Don’t even think to pull their plugs.