TITLE

Tarp cash for Lincoln National and Hartford

AUTHOR(S)
Pow, Helen
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the troubled asset relief programme granted by the U.S. government to Lincoln National Corp. and Hartford Insurance Co. These companies are two of six firms approved for capital aids by the government in May 2009. The Hartford will accept £2.07 billion from the scheme and Lincoln has signed up for £578 million. With this, Lincoln aims to maintain its service levels after attainment of the public fund, while Hartford aims to raise £455m in share sales.
ACCESSION #
43380917

 

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