Will Insurance Companies Be Part of the Bailout? [View article]
The government is, essentially, pulling a Warren Buffet on Warren Buffet. As soon as I heard about this deal I dumped my BRK,B. Three months ago I thought HIG at 51 was a bargain. If the government is going to start getting involved with insurance companies, its over. If someone wants to make a case as to why any plan will not be dilutive to common shareholder interest in these companies, I urge them to make it.
Will Insurance Companies Be Part of the Bailout? [View article]