MetLife presents at Deutsche conference

D.C. regulators would make great poker players, says MetLife (MET +2%) CFO John Hale, presenting at a Deutsche Bank conference. They listen and they ask a lot of questions, but they don't give much away as to how they are leaning.

Hale's comment comes in response to a question about what new capital rules the insurer would face under a SIFI designation. The Fed, he says, doesn't see a way around Dodd-Frank rules which would essentially have MetLife facing the same terms as bank holding companies. For its part, Met has tried to provide the Fed with options, he says.

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Comments (2)
  • marketnews09
    , contributor
    Comments (116) | Send Message
    Is it possible, that the fed is trying and going to get their hands of control into everything that is out there? Is it possible that the feds are one day going to try and run everything? I think so, or it seems so.
    27 May 2014, 10:31 AM Reply Like
  • V4Vendetta
    , contributor
    Comment (1) | Send Message
    The more regulations that are enacted, that limit making a profit, also create more elaborate "schemes" to retain said profit. This progressive government is way beyond the scope of the US Constitution and is at best showing signs of despotic socialism prevalent in Europe.
    27 May 2014, 05:23 PM Reply Like
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