Tuesday, November 18, 2008

Ooops, we need it AEGAIN!

AEGON, the Dutch insuranc group that needed to be convinced to accept a EUR 3bn capital injection by the state instead of EUR 2bn as initially requested (see earlier post) has reportedly asked the US Finance Ministry for funds under the TARP programme. The insurer's shares fell by 10% yesterday and a further 6,6 % today according to NRC Handelsblad.

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