Ryan's District Boards

RD Today => All the News => Business News => Topic started by: chris on November 17, 2008, 11:59:18 PM

Title: Reuters: Insurers await Fed OK for cash amid capital drain
Post by: chris on November 17, 2008, 11:59:18 PM
Insurers await Fed OK for cash amid capital drain
      


NEW YORK (Reuters) - Life insurers, needing to rebuild capital after being drained by investment losses, are joining the long line of U.S. companies seeking to borrow under the government's $700 billion financial rescue program.<div class="feedflare">
<img src="http://feedproxy.google.com/~f/reuters/businessNews?d=41" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=K9SytbK3) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=Z3MgpYWR" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=Z3MgpYWR) <img src="http://feedproxy.google.com/~f/reuters/businessNews?i=74Igs0vX" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=74Igs0vX)
</div><img src="http://feedproxy.google.com/~r/reuters/businessNews/~4/FDfb5P_mR1w" height="1" width="1"/>
      

http://feeds.reuters.com/~r/reuters/businessNews/~3/FDfb5P_mR1w/idUSTRE4AG75F20081117