Friday, May 15, 2009

 

U.S. Slates $22 Billion for Insurers From TARP

The Treasury Department will make federal bailout funds available to a number of U.S. life insurers, acting on the embattled sector's long-running effort to get government help.

The Treasury is prepared to inject up to $22 billion into the insurers under the rescue plan launched last fall as the Troubled Asset Relief Program, said a person familiar with the matter...

WSJ: U.S. Slates $22 Billion for Insurers From TARP (Subscription required)

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