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Message
re: Globe Life -53% Five Billion Dollars in value wiped out
Posted on 4/14/24 at 9:01 am to TDsngumbo
Posted on 4/14/24 at 9:01 am to TDsngumbo
quote:
Globe Life or their agents and underwriters do not do things by the book.
Globe Life is one of five Insurance Companies held by Torchmark, they re branded to Globe Life when they bought the naming rights to the ballpark.
No one would have know what Torchmark was
The majority of Globe Life's insurance is sold through direct markets without agents, at one time they mailed out 1 million flyers daily.
The Fuzzy Panda article was about American Income Life one of the companies held by Torchmark
This looks like a bunch of teenagers made it "YOUTUBE" : LINK
Posted on 4/14/24 at 8:58 pm to The Torch
Reminds of Western Alliance Bank (WAL) last March 2023 when Silicon Valley Bank started the chain reaction of bank collapses. WAL went from $75 to $8, and eventually rebounded back to $40-65 in a few months. I wonder if this plays out the same.
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