Goldman Sachs (GS) is quietly winding down its involvement in life settlements ("death bonds,"...

|About: Goldman Sachs Group Inc. (GS)|By:, SA News Editor

Goldman Sachs (GS) is quietly winding down its involvement in life settlements ("death bonds," where companies buy life insurance policies from aging Americans and hope to collect) - a $15B market, but among the exotic securitization markets that has faced pressure in the crisis.