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Now that we all have universal health care (wait? It doesn’t really kick in for four more years? Oh), the White House has given us another piece of progress from the “probably should have happened a long time ago” file. Yes, now that only a handful companies are still benefitting greatly from public assistance, the [...]
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Some feel the government’s response to the financial crisis may hurt the U.S. economy in the long run. At least that’s what an independent watchdog at the Treasury Department warned. The problem is that the issues that spawned the financial crisis have not been addressed — it has been more than 15 months since the [...]
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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 [...]
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