Monday, March 30, 2009

 

Lincoln National May Lose Out on Government Relief

Five months ago, Lincoln National, the embattled insurance giant with huge loses stemming from its investment portfolio, bought an Indiana savings & loan, replete with $7 million in assets and three employees, as its entree to federal banking relief funds. ”See,” it seemed to say, ”We’re a bank. Now share with us your TAPR money, please.”

Lincoln National May Lose Out on Government Relief
Source: Barron's

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