Taxpayers Help Prudential to Profit From Slain Soldiers

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Sept. 30 (Bloomberg) -- When Prudential Financial Inc. invests the death benefits owed to survivors of soldiers killed in battle, the money comes from a source with deep pockets: the U.S. government. After a U.S. soldier dies in combat -- including the more than 4,000 service members who have been killed in Iraq and Afghanistan -- the Department of Veterans Affairs sends Prudential the full amount of each family’s life insurance coverage, usually $400,000. Bloomberg's Monica Bertran reports. (Source: Bloomberg)


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