Bailout

It was announced today that the following life insurers will receive bailout funds from the Troubled Asset Relief Program (TARP): Allstate                                                                    Ameriprise Financial                                      Hartford Financial Services Group Inc. Lincoln National Corp. Prinicpal Financial Prudential Financial According to Treasury Department spokesman Andrew Williams, those life insurers met the requirements for the Capital Purchase Program because of their bank holding [...]

Related Topics: Bailout, Financial Crisis, Life Insurance, TARP

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