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Steven M. Lee, PC

Banks Aren't the Only Ones getting a Bailout


Blog Category:
11/17/2008
Adam
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If you follow this link:

http://www.bloomberg.com/apps/news?pid=20601103&sid=aMf_JWeNUttU&refer=us


you will find a pretty interesting article about how two of the biggest insurance companies in the country lost half of their money in the stock market, which as we all know, just took a pretty serious plunge.

The end result is that they want a piece of that eight hundred billion that the government is giving to the financial corporations to keep them afloat.

We have to wonder why insurance companies never seem to make public thier losses in the stock market, which can evaporate half of their wealth, yet feel the need to shout to the high heavens over lawsuits, which don't account for the loss of any of their wealth at all.

Just something to consider.

If you or a loved one has been injured in a car accident in the Houston area, contact Attorney Steve Lee for a free legal consultation today.

Category: General


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