Does it bother anyone else that Allstate is borrowing the money for the $2 billion stock buyback while they apparently have $3.5 billion in cash and already have $6 billion in debt? Sounds like Obamanomics.deficit spending.
It wouldn't surprise me if they were buying back stocks, I know they certainly aren't fulfilling claims, alot of angry customers on their facebook page
Sentiment: Strong Sell
So M.S's issue is an individual claim. Has he read the policy and why the claim was not paid to his satisfaction?
it's funny that you author a post designed to be a clever insult of the president's policies, but can't get through your one-sentence "zinger" without revealing your inability to read a balance sheet.
Under Yahoo finance for Allstate the key statistics on the balance sheet show $3.52 billion in cash and $6.06 in debt. Do you feel those numbers are wrong