Good Lord. Does anyone think that Wall Street has learned its lesson about risky, esoteric financial instruments? Well, they haven't. The investment industry is about greed, and nothing but greed. The New York Times reports today that investment banks are looking to buy life insurance policies that the ill and elderly sell for cash. They will then package thousands together into bonds and resell those to investors, who will receive payouts when the insured people die. And here's the precious part: The earlier the policyholder dies, the bigger the return. So, Wall Street is hoping to make big bucks on early deaths. Boy, do we need strong government regulation of the financial industry.