Quick Picks: Gitmo Takes a Break and Life Insurers Ask for One
Quick Picks focuses on a select few of the day’s stories from “Breaking on the Web.”
- 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.
- In line with his promise to shutter Gitmo, the very day Obama got the keys to the Oval Office, he ordered Pentagon prosecutors to seek a 120-day freeze of the trials there, reports the Miami Herald. The halt would give the new administration some breathing room to hammer out its Gitmo strategy. For more on Obama’s order, check out our Morning Read.
Check out more of our roundup of the best investigative stories around the Web.
Was there a story we missed? Please keep sending us stories from your local paper, favorite blog or magazine, etc. via e-mail or Delicious. We’ll give you a shout-out if you do.
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