Life Insurance Cos' Exposure to Subprime

The Globe and Mail, Tara Perkins, 6 August 2007At 3 p.m. last Wednesday, Great-West Lifeco Inc. chief executive officer Raymond McFeetors welcomed analysts to the insurer's conference call on second-quarter financial results from "hot and steamy Winnipeg," and proceeded to tell them that it was "one of the best quarters ever for Great-West Lifeco."About half an hour into the call, an analyst