Thread: Tontines
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Old 03-16-2012, 04:49 PM
Musicat Musicat is offline
Charter Member
Join Date: Oct 1999
Location: Sturgeon Bay, WI USA
Posts: 20,394
The original article only describes tontines that pay out during their lifetime, which reminds me of a Ponzi scheme in reverse. I don't see why there can't be a tontine that pays nothing until the last survivor is left (wasn't that the MASH one?), and short of encouraging the members to hack each other up wholesale , I don't know why that should be illegal.