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Mass Mutual, New York Life Reject Government Aid

National News • November 12, 2008
Two insurance companies have said they will not participate in the government's rescue program to directly invest billions in financial companies. Some insurers likely would be eligible under the ...

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Subject: Mass Mutual

Posted On: December 19, 2008, 12:22 pm CST
Posted By: C Smith
Comment:
With the new disclosures of it's subsidiaries losing over $3 Billion in the Madoff scandal, Mass Mutual may need to rethink it's need for government aid.
The Mass Mutual parent company is cleverly trying to distance itself from it's subsidiaries legal exposure to duped investors. May be time to pull all cash values out of Mass Mutual before they seek the only aid now available to them--bankruptcy proceedings.
Subject Posted By Posted On
RE: Mass Mutual rfree
Mar 26, 2009, 11:18 am
Mass Mutual C Smith
Dec 19, 2008, 12:22 pm
Life vs P&C Mongoose
Nov 12, 2008, 1:13 pm
RE: Good for all of us Moby Grape
Nov 12, 2008, 1:10 pm
Good for all of us One
Nov 12, 2008, 12:50 pm
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