Travelers says no thanks to Treasury capital

Full story: TwinCities.com

Travelers Cos. doesn't want anything to do with the U.S. Treasury Department's Capital Purchase Program, the St.

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Anon

Washington, DC

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#2
Oct 28, 2008
 

Judged:

1

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?
Capitalist

Minneapolis, MN

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#3
Oct 28, 2008
 

Judged:

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2

they probably don't want the federal government having (more of) a say in how their company is run

Since: Apr 08

Minneapolis, MN

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#4
Oct 28, 2008
 

Judged:

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2

Because they realize that government should not own or operate private business.
Help Please

Saint Paul, MN

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#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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