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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: RE: Mass Mutual

Posted On: March 26, 2009, 11:18 am CDT
Posted By: rfree
Comment:
C smith. You need to re-evaluate your facts. Where is your source for 3 billion in losses? I will give you the benefit of the doubt. Even if the 3 billion in total losses went through it's only 3% the GIA 98 billion Mass is sitting on. Pretty immaterial in the long run.

Considering many institutions are nearing insolvency even with bailout money I wonder where you would put your money if you pulled out of MassMutual? If you want certainty then you stick with the guarantees they offer. They are very well positioned and maintain their AAA status despite the turmoil.
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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