Some of them, including Lincoln Financial, have bought small banks or thrifts in the hope of qualifying for government help.
Under the new ‘mark-to-market’ rule, banks can consider the value of assets as if they are being sold in an orderly fashion, not in a distress sale.
CEO Rick Wagoner is said to be out. In assessing industry's plans for revival, Obama has asserted that the automakers 'aren't there yet.'
'Substantial' fiscal and monetary moves across the globe will get traction, US Treasury secretary says.
Members of both parties are mad at the insurance giant. But big questions remain over what they can do about it.