$11.30
-0.24 (-2.08%)
Genworth Financial, Inc. (GNW)
CAPS Rating:
A financial security company dedicated to developing solutions that help meet the investment, protection, homeownership, retirement and independent lifestyle needs of customers, with a presence in more than 25 countries.

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They announced yesterday information about InterBank in MN. Once it is approved by the Office of Thrift, they can start applying for TARP. Once they get TARP, their financial worries are history and this stock can only go up.
The person who said that this was spun off to die, obviously didn't take into consideration that baby boomers are always looking for a company with a good name. And those baby boomers are going to need life insurance, if they don't already have it, and retirement advice. Genworth is a respectable name in those areas.