MetLife Passes On TARP Money

Here’s some refreshing news. MetLife says that even though it’s eligible it won’t participate in TARP. The company did confirm that since it is a bank holding company with more than $100 billion of assets it is one of the 19 that have to take the stress test.

Let’s hope that Geithner doesn’t pull a Paulson and insist they take the money for the good of the industry.


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