Posted by : attorney stevelee 17 November 2008

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.

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