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By Dan Haugen | Published Tue, Mar 24 2009 9:47 am
The President's new plan to help private investors buy up toxic bank holdings might entice Travelers Cos. to get into the game.
A spokeswoman for Travelers told Bloomberg on Monday, "We would look at the possibility of participating as a buyer."
The company would not participate as a seller, she said.
Also noted in the story: Last year, Travelers surpassed AIG and MetLife to become the largest U.S. insurer by market value.
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