Friday, May 15, 2009

 

Insurer to Treasury: No Thanks on TARP

Treasury is offering bailout funds to big insurance companies, but some of the responses have been less than enthusiastic.

The government cleared six big life insurance firms with banking subsidiaries to receive $22 billion in federal rescue funding this week. The goal: ease investor worries about the health of the sector.

Insurer to Treasury: No Thanks on TARP
Source: CNN Money

This page is powered by Blogger. Isn't yours?