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Lincoln Financial sees 3Q profit falling sharply - ForbesInsurer Lincoln Financial Group said Friday its third-quarter profit fell between 42 and 59 percent, hurt by investment losses. The company also cut its dividend for the period. For the three months ended Sept. 30, the insurance company said it ...
Investors Skeptical Of Life Insurers' Rosy Mortgage View - CNN MoneyCHICAGO -(Dow Jones)- Life insurers are beginning to follow the same script as banks and bond insurers in reporting big market-value write-downs on their investment holdings. So far, the markets aren't buying insurers' insistence that theirs is a ...
Illinois mortgage holders get break - Lincoln Courier Facing a lawsuit over deceptive mortgage practices, a Bank of America Corp. subsidiary has agreed to modify tens of thousands of loans to keep people in Illinois, California and nine other states from losing their homes, the Illinois attorney ...
Lincoln Financial Group Announces Preliminary Third Quarter 2008 ... - MSN MoneyCentralPHILADELPHIA , Oct. 10 /PRNewswire-FirstCall/ -- Lincoln Financial Group LNC today announced preliminary third quarter results, including an update on the company's capital and liquidity positions. Net income is expected to be in the range of $120 ...
Regulator takes heat over IndyMac Bank failure - Los Angeles TimesWASHINGTON -- As the mortgage crisis deepened in California last year, officials in Washington put the fate of thrifts in the West in the hands of a veteran regulator who had a memorable role in the last major crisis in the savings and loan industry ...
USS Lincoln in Hawaii - Everett HeraldJames McCusker, a Bothell economist, said Congress did the right thing to revive the credit markets, even though the law is far from perfect. "The economics of this is easier to understand than the politics of it," said McCusker, who writes a column ...
SOWELL: Dems avoid blame for crisis - The Washington TimesCOMMENTARY: Abraham Lincoln said, "You can fool all the people some of the time and some of the people all the time, but you can't fool all the people all the time." Unfortunately, the future of this country, as well as the fate of the Western world ...
Obama and the Echoes of Lincoln - Newsweek BlogI was going to write today about Barack Obama’s roots in Chicago — how that city, more than any place, made him. But I got sidetracked reading the Chicago history of Abraham Lincoln, the only president “from” that city. He often rode up from ...
Prudential becomes latest insurer to warn - MSN MoneyCentralLincoln National Corp ( LNC ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (Reuters) - Prudential Financial Inc is the latest major insurer to warn its quarterly profits would miss forecasts, as the shares of rivals were pummeled on concern ...
Insurance giant AIG's role in market crisis probed - Lincoln Daily News[ October 07, 2008 ] W ASHINGTON (AP) -- The government's rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry ...
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