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Reid reveals: Major insurance company on verge of going bankrupt...

 
Take a guess which!!!
User ID: 342098
United States
10/01/2008 08:08 PM
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Reid reveals: Major insurance company on verge of going bankrupt...
[link to abcnews.go.com]

Senate Majority Leader Harry Reid, D-Nev., pressed for passage, with the alarming news that one of the country's premier insurance companies was about to go bankrupt if the crisis was not quickly resolved.

"We don't have a lot of leeway on time," Reid told reporters in the Capitol. "One of the individuals in the caucus today talked about a major insurance company -- a major insurance company -- one with a name that everyone knows that's on the verge of going bankrupt. That's what this is all about."

He did not identify the insurance company, and later in the day Reid spokesman Jim Manley said the senator was speaking broadly and not referring to anything specific.

"Senator Reid is not personally aware of any particular company being on the verge of bankruptcy," Manley wrote in an e-mail to ABCNews.com. "Rather, his comments were meant to refer to the conditions in the financial sector generally. He regrets any confusion his comments may have caused."
PhennommennonnModerator
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User ID: 476887
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10/01/2008 08:12 PM

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Re: Reid reveals: Major insurance company on verge of going bankrupt...
isn't that just so convenient how this works?
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FREEDOM OF SPEECH:
Alan Isaacman
The People Vs Larry Flynt
"Ladies and gentlemen of the jury, you've heard a lot here today and I won't try to go back over it all. But you have to go back in that room and make some decisions and there is one thing I want to make very clear to you before you do. I'm not trying to convince you that you should like what Larry Flynt does. I don't like what he does. But what I do like is... that I live in a country... where you and I can make that decision for ourselves. I like that I live in a country where I can pick up Hustler magazine... read it if I want... or throw it in the trash, if that's where I think it belongs. Or better yet I can express my opinion by not buying it. I like that right. I care about it. And you should care about it, too... because we live in a free country. We say that a lot, but sometimes we forget what that means, so listen again. We live in a free country. That is a powerful idea. That's a magnificent way to live. But there is a price for that freedom, which is that sometimes... we have to tolerate things that we don't necessarily like. So go back in that room... where you are free to think whatever you want to think... about Larry Flynt and Hustler magazine. But then ask yourselves if you want to make that decision for the rest of us... because the freedom that everyone in this room enjoys... is, in a very real way, in your hands. If we start throwing up walls against what some of us think is obscene... we may wake up one morning and realize... that walls have been thrown upin places we never expected... and we can't see anythingor... do anything. And that's not freedom. That is not freedom. So, be careful. Thank you."
VIDEO: [link to youtu.be]

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Anonymous Coward (OP)
User ID: 342098
United States
10/01/2008 08:14 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
Rep Marcy Kaptur had it right: Panic people into action
Anonymous Coward
User ID: 515248
Australia
10/01/2008 08:20 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
remember hurricane ike? who were people insured with? I thought it was AIG... who else ?
Anonymous Coward
User ID: 510500
United States
10/01/2008 08:22 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
remember hurricane ike? who were people insured with? I thought it was AIG... who else ?
 Quoting: Anonymous Coward 515248


travelers?
Anonymous Coward
User ID: 470675
United States
10/01/2008 08:22 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
Lets name some companies.

It can't be Allstate. I keep seeing all their commercials. Hope it isn't State Farm because I have my insurance through them and I like the agent guy.
Billy Bones
User ID: 512755
United States
10/01/2008 08:28 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
gov't employed ins. co.

geico.
Freethinker

User ID: 510167
United States
10/01/2008 08:31 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
Prudential
Anonymous Coward
User ID: 300370
United States
10/01/2008 08:48 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
omg...state farm will so screw you over...agents can be nice, but they aren't corporate

their rates are also higher, and they are gentleman's white club only ceiling...already paid $8 million for blatant discrimination against women staff
LouisWinthorpeIII

User ID: 500463
United States
10/01/2008 08:49 PM
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Re: Reid reveals: Major insurance company on verge of going bankrupt...
Allstate...

Or

Esurance! ha ha I kid!
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