Michael Moore's Expose of 'Dead Peasant' Insurance Policies Too Shocking Even for Good Morning America to Ignore

Michael Moore's Expose of 'Dead Peasant' Insurance Policies Too Shocking Even for Good Morning America to Ignore

Posted by Jan Frel, AlterNet on October 3, 2009 at 8:14 AM.

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."