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MetLife

Political Desperation in the Face of Financial Crisis May Leave Regulatory Harmonization in Tatters

First it was American International Group that was brought low by the credit crunch. On Oct. 1, we witnessed what that kind of fear can lead to when Harry Reid, the majority leader of the U.S. Senate, commented in public that...

MetLife's Lisa M. Weber Named by FORTUNE Magazine to Its 50 Most Powerful Women in Business List...

NEW YORK----MetLife, Inc. announced today that Lisa M. Weber, president, Individual Business, is named as one of the 2008 "50 Most Powerful Women in Business" by FORTUNE magazine for the fifth consecutive year.

Seven Summits Research Releases Comments on MET, COST, YUM, SWY and FAST

CHICAGO, Oct. 6 /PRNewswire/ -- Seven Summits Strategic Investments releases its Stocks To Watch Guide. The Seven Summits Strategic Investments Stocks To Watch Guide (go to: http://www.iotogo.com/StocksToWatch) provides...

The Two Faces of Lehman's Fall (at The Wall Street Journal Online)

Private Talks of Raising Capital Belied Firm's Public Optimism In the weeks before it collapsed, Lehman Brothers Holdings Inc. went to great lengths to conceal how fast it was careening toward the financial precipice. On Sept....

Life insurer stocks rebound; drop called overdone

NEW YORK (Reuters) - Shares of U.S. life insurers stormed back on Friday as analysts lined up to call them oversold and worries eased that another would go the way of crippled peer American International Group .

Dow Down 7% After Wild, Bailout-Fueled Week (at CNBC)

WALL STREET, BAILOUT, STOCKS, STOCK MARKET, DOW JONES, NASDAQ, S&P, CONGRESS Stocks ended sharply lower Friday as traders briefly celebrated the House's approval of the Wall Street bailout, then yanked their positions ahead of...

Wachovia, Citigroup, AIG among big movers

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Wachovia Corp., up $2.30 at $6.21 Wells Fargo agreed to buy the bank for $15.1 billion, setting up a fight...

AIG to focus on property, casualty business

The beleaguered insurance giant AIG announced plans Friday to hold onto its property and casualty insurance businesses, while selling off the rest of the company to pay its massive debt to the federal government.

Citi Grumbles Over Wachovia; Get Met, Defy Reid (at Barron's Online)

PROSPECTS FOR PAYDAY AFTER WELLS CUTS IN ON CITI What’s in it for Citigroup (C) now that Wells Fargo (WFC) has beaten its time by snatching Wachovia (WB) out of its banking rival’s hands? As Fox Pitt Kelton said Friday, Citi...

Insurers higher on AIG, rescue plan vote (AP)

Shares of major insurers advanced Friday upon the Congressional approval for a major bailout of the financial sector and news American International Group Inc. plans to sell off a number of business units to pay off its...

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