Hartford finds a bargain

Working in the Financial Services industry in Connecticut, I hear a lot of scuttlebutt about the Hartford (formerly the Hartford Insurance Group). I have even gotten several job inquiries from them (though I always turn them down because of the rep). I keep hoping they'll surprise me and show a good side. They always disappoint me.

Now, the Hartford is playing Bailout Bingo by buying a bank for $10 million, in order to transform themselves into a company eligible for up to $3.4 billion in bank bailout money.

Here is hoping the regulators are smart enough to recognize this blatant money grab for what it is. I am sure the Hartford's execs are eager to get that cash to pay off their large bonuses.