Metlife Inc (MET): The Moniker This Company Can’t Seem to Shake

Would consumers suffer under MetLife SIFI status?
Certainly, American International Group Inc (NYSE:AIG) and Prudential Financial Inc (NYSE:PRU) must be grateful for Kandarian’s boosting of their cases, but the Metlife Inc (NYSE:MET) CEO went even further, suggesting that additional regulation would be a bad thing for consumers. A case in point is Kandarian’s assertion that legislating higher capital stores might preclude the selling of variable annuities, products that are immensely popular, but also involve the need for additional capital to be held against them.

As the FOMC moves on with its consideration of these companies’ financial riskiness, it will be interesting to see whether the investigating body makes any response to Kandarian’s allegations, thereby giving the public a clearer idea of exactly what the council’s deliberations are based upon, and how the outcome will affect both consumers and investors. Until then, it appears, Kandarian will soldier on.

The article The Moniker MetLife Just Can’t Seem to Shake originally appeared on Fool.com and is written by Amanda Alix.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends American International Group (NYSE:AIG). The Motley Fool owns shares of American International Group and General Electric and has the following options: Long Jan 2014 $25 Calls on American International Group.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.