Archive for June 17th, 2009
Why Insurers are taking TARP funds … and how I view it.
If an insurance company is accepting TARP funds it probably means two things; 1) they went out and bought a bank somewhere so they could get in on “the deal” and 2) they mishandled their annuity portfolio. In other words, they guessed wrong. Just consider all the companies who have NOT done this.
Insurance has long [...]
