Interesting People mailing list archives

Eligible life insurers being put on public dole.


From: David Farber <dave () farber net>
Date: Tue, 7 Apr 2009 21:16:12 -0400



Begin forwarded message:

From: "Ronald J Riley \(RJR Com\)" <rjr () rjriley com>
Date: April 7, 2009 8:55:37 PM EDT
To: <dave () farber net>
Subject: Eligible life insurers being put on public dole.

According to WSJ “The Treasury Department plans to extend the Troubled Asset Relief Program to certain eligible life insurers. Several life insurers have been burdened lately by capital constraints amid ailing markets.”

Why are all the vultures getting massive welfare while the public is getting what amounts to a mortgage on a second home without getting the home?


Ronald J. Riley,
Direct (202) 318-1595 - 9 am to 9 pm EST.





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