Author Topic: 4 insurers seek thrift status, gaining bailout access  (Read 380 times)

Bindare_Dundat

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4 insurers seek thrift status, gaining bailout access
« on: November 14, 2008, 06:43:10 PM »

4 insurers seek thrift status, gaining bailout access on the last day possible to apply for bailout capital, four insurance companies apply to acquire thrifts and become savings-and-loan holding companies.

 Four insurance companies applied Friday to become thrift holding companies and acquire savings and loans, which opens the door for them to seek bailout funds.