The Treasury Department is dramatically expanding the scope of its bailout of the financial system with a plan to take ownership stakes in the nation's insurance companies, signaling new concerns about a sector of the economy whose troubles until now have been overshadowed by the banking industry,... -
By David Cho, Binyamin Appelbaum and Zachary A. Goldfarb
Bailout Expands to Insurers
The Treasury Department is dramatically expanding the scope of its bailout of the financial system with a plan to take ownership stakes in the nation's insurance companies, signaling new concerns about a sector of the economy whose troubles until now have been overshadowed by the banking industry,...-
By David Cho, Binyamin Appelbaum and Zachary A. Goldfarb