Runnable

  • Vanderwiede
  • 2014 1218 - BASIS FOR THE FINANCIAL STABILITY OVERSIGHT COUNCIL’S FINAL DETERMINATION REGARDING METLIFE, INC - 31p
    • 3.1 Transmission Channel Analysis (p15)
      • In light of MetLife’s size, leverage, interconnectedness with other large financial firms and financial markets, provision of products that may be surrendered for cash at the discretion of its institutional and retail contract holders and policyholders, and impediments to its rapid and orderly resolution, material financial distress at MetLife could have significant adverse effects on a broad range of financial firms and financial markets, and could lead to an impairment of financial intermediation or financial market functioning that could be sufficiently severe to inflict significant damage on the economy.
      • Accordingly, the Council has determined that material financial distress at MetLife could pose a threat to U.S. financial stability
  •