by Calculated Risk on 4/07/2009 09:25:00 PM
Tuesday, April 07, 2009
WSJ: Treasury to Approve Life Insurer Applications for TARP Money
The WSJ reports: Treasury Plans to Extend TARP to Life Insurers
The Treasury is expected to announce within the next several days the inclusion of life insurers that are bank holding companies or own a thrift...This is apparently for life insurers that are bank holding companies or own a thrift. These bank holding were already eligible for TARP money.
The WSJ mentions that Prudential, Hartford, and Lincoln National have all applied.