Chuck Jaffe: Life settlements are unsettling investments
Life settlements effectively buying into the life-insurance policies of seniors has some solid investment principles behind it, but also enough concerns to make it Chuck Jaffe's Stupid Investment of the Week.

New China Life Raises $1.9 Billion in Initial Stock Offering
New China Life Insurance Co., the nation s third-largest life insurer, raised $1.9 billion from an initial public offering, after selling shares near the bottom of a marketed range.

New China Life Raises $1.9 Billion in Initial Sale in Hong Kong, Shanghai
New China Life Insurance Co., the nation s third-largest life insurer, raised $1.9 billion from an initial public offering, after selling shares near the bottom of a marketed range.