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Peter Gaytan Interview on Retained-Asset Accounts
Sept. 30 (Bloomberg) -- Peter Gaytan, executive director of the American Legion, discusses concerns over so-called retained-assets accounts used by Prudential Financial Inc. to administer death benefits owed to survivors of U.S. soldiers killed in battle. Insurers have drawn fire from government officials since Bloomberg Markets magazine reported in July that Prudential sent checkbooks instead of checks to survivors requesting lump-sum payments. Gaytan speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)
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