Travelers says no thanks to Treasury capital
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#2 Oct 28, 2008
Is this a part of the Troubled Assets Relief Program (TARP) that was passed by Congress in the Emergency Economic Stabilization Act of 2008 (EESA) also known to some as the Bailout Bill? Is there a reason why Travelers has refused to participate?
#3 Oct 28, 2008
they probably don't want the federal government having (more of) a say in how their company is run
Since: Apr 08
#4 Oct 28, 2008
Because they realize that government should not own or operate private business.
#5 Oct 28, 2008
Oh wait, They can change they're minds when they're competitors due it right?
I hope they stick to they're principals.
May God save us.
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