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Posts Tagged ‘ Transamerica Life Insurance ’

The Latest Banking Sector Credit Crisis Will Lead to That Sector’s Next Group of Profit Plays

May 29th, 2008 | By Keith Fitz-Gerald | Category: Politics & Economics

Three major U.S. banks - including Fifth Third Bancorp. (FITB) and Wachovia Corp. (WB) - got clobbered in recent days on the news that they’ve lost another $1.6 billion by making investments in the Citigroup Inc. (C) Falcon hedge fund that lost 75% of its value earlier this year.

Tags: , AEG, Benefit Banks, BOLI, Citigroup, economics, FITB, Life Insurance Policies, mortgage debacle, politics, Transamerica Life Insurance, Wachovia, WB
Posted in Politics & Economics | 2607Comments2008-05-29+13%3A29%3A41Keith+Fitz-Gerald

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