Feb
10
MetLife Makes Its Case Against ‘Too Big to Fail’ Label
ByWASHINGTON — The “too big to fail” label is finally having its day in court.
A federal judge raised tough questions on Wednesday over regulators’ decision to designate the insurer MetLife as “systemically important” to the financial system.
Judge Rosemary Collyer focused on how a body of regulators, known as the Financial Stability Oversight Council, made its decisions about companies that could harm the economy, as well as whether regulators followed their own guidelines in the MetLife case…
MetLife Makes Its Case Against ‘Too Big to Fail’ Label
