A Flurry of Media Interest in the Potential of the Life Settlements Market

Recent coverage of the life settlements market by the New York Times appears to have ignited a small media frenzy.

Several pieces from sources such as the Motley Fool and the Boston Globe seem to fall into one of two camps with respect to life settlements:

1. The industry has massive potential and will serve as the new engine of growth for Wall Street in the absense of the mortgage backed security market.
2. The budding industry is a ghoulish creation that will ultimately run afoul of regulators and public taste.