According to MarketWatch Standard & Poor’s lowered the credit rating on Bear Stearns (BSC) to A from A+, and said the outlook is negative. "The rating action follows Bear Stearns’ announcement that it would take a fourth-quarter writedown on its CDO and subprime exposure of $1.2 billion, which will result in the company’s first quarterly loss in its history," said Standard & Poor’s credit analyst Diane Hinton.
Douglas A McIntyre
100 Million Americans Are Missing This Crucial Retirement Tool
The thought of burdening your family with a financial disaster is most Americans’ nightmare. However, recent studies show that over 100 million Americans still don’t have proper life insurance in the event they pass away.
Life insurance can bring peace of mind – ensuring your loved ones are safeguarded against unforeseen expenses and debts. With premiums often lower than expected and a variety of plans tailored to different life stages and health conditions, securing a policy is more accessible than ever.
A quick, no-obligation quote can provide valuable insight into what’s available and what might best suit your family’s needs. Life insurance is a simple step you can take today to help secure peace of mind for your loved ones tomorrow.
Click here to learn how to get a quote in just a few minutes.
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