Everybody wants in

Ever since the bailout, everyone from the auto companies to a Las Vegas mob museum has felt emboldened enough to ask for their own brand of government assistance, and life insurance companies are no exception, reports today's Washington Post. They're begging regulators to lower the minimum amount of capital they must have on hand. As the Post notes, "The changes the industry group seeks would make companies appear healthier," which the industry hopes would prevent panicky policy holders from cashing out.

[From Quick Picks: Gitmo Takes a Break and Life Insurers Ask for One - ProPublica]