Thursday, April 16, 2009

 

Is It Safe? MetLife Escapes the Tumult

MetLife (MET), considered a federally chartered bank holding company, is undergoing the government's so-called stress test. But the largest U.S. life insurer said it won't be seeking funds from the Treasury Capital Purchase Program...

...MetLife's shares have fallen 24% this year, less than the 31% decline of the S&P 500's insurance-company index. Lincoln National has plummeted 50%, and Prudential has slipped only 16%.

Where does that leave MetLife?

Street: Is It Safe? MetLife Escapes the Tumult

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