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Re: jscot post# 14

Tuesday, 10/28/2008 8:54:11 PM

Tuesday, October 28, 2008 8:54:11 PM

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Fitch is pretty much wrong about that, IMO. This significantly undervalues a business with really good cash flows. It is also an analyst reaction to AIG offering to put their life assts on the auction block because they need cash so badly.

This is tricky stuff. Life insurance policies are regulated by the states and feds; I'm sure people with ALL life policies are asking questions about what this means to them.

MFC is also in sour shape - same story.
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