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Insurance Unit
Latest Headlines
Latest Headlines
More on Citi's move to take Primerica public
We all know that Citi ( C ) is under a lot of pressure to sell assets, as is Bank of America ( BAC ). So some might have greeted the news that Citi is planning an initial public offering for its Primerica unit as good news. But Barron's adds some interesting color to the development. Clear
MBIA CDS drama plays out
At some point, an institution becomes so shaky that it actually becomes a form of leverage with regulators. MBIA is a great case in point. The New York Times notes that in early May, MBIA promised to inject $900 million into its troubled insurance unit, which had underwritten nearly $140 billi
