Among the 19 largest bank holding companies, MetLife holds three important distinctions: It’s the only insurance company, the only non-TARP recipient and the only one to fail the Fed’s stress tests.
AIG has sold off a few more assets and posted big profits in 2011. But the U.S. Treasury continues to play politics in choosing the “right” moment to finally end the bailout.
Moody’s says at least three and perhaps four U.S. insurance groups could meet the FSOC’s initial definitions for systemically important financial institutions.
