Posted on 05/14/2009 9:10:16 PM PDT by Nachum
LOS ANGELES — Six major insurers, including The Hartford Financial, Prudential Financial and Allstate, received preliminary approval Thursday for billions of dollars in aid from a U.S. bailout fund, following a months-long quest by some in the sector for financial assistance.
The Hartford Financial Services Group Inc. was the first to disclose that it had been notified by the Treasury Department that it was eligible for $3.4 billion from the Troubled Asset Relief Program, or TARP.
(Excerpt) Read more at chron.com ...
The List, ping
Great, now Obama can be king of that segment of the economy as well.
I won't do business with them but now I am forced to surrender a portion of my earnings to them through taxes
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