Wednesday, November 12, 2008
Troubled Times for Genworth
Genworth Financial Inc. lost more than half of its market value yesterday after getting cut out of a federal program that buys short-term debt from financial firms.
The Henrico County-based insurer became ineligible to sell commercial paper after a ratings agency downgraded its holding company.
Troubled Times for Genworth
Source: Richmond Times Dispatch
The Henrico County-based insurer became ineligible to sell commercial paper after a ratings agency downgraded its holding company.
Troubled Times for Genworth
Source: Richmond Times Dispatch