| Committed: | $0 | ||||
| Disbursed: | $0 | Returned: | $0 | Revenue to Gov't: | $0 |
| Net Outstanding: | $0 | ||||
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MetLife is the largest life insurance provider in the United States. It did not apply for Treasury bailout funds, but because it is organized as a bank holding company, it was required to take part in regulators' stress tests of the 19 largest U.S. banks.
This company is among the 19 companies that underwent a "stress test." Regulators determined that it does not need to raise additional capital.
See the list of all 19 stress-tested companies here.
Map: Corporate headquarters of MetLife.
See all recipients in New York
According to the results of the Federal Reserve's "stress tests," 10 of the 19 largest banks will have to raise a total of $74.6 billion in additional capital to withstand a dire economic scenario. Ultimately, all of the banks raise the money privately, with the exception of GMAC.
More info from www.propublica.org
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For our blog, resources and more, see our main bailout page.
TARP Watchdog Launches Audit of Bailout Contracts 2/9
Chase Denied Loan Mods for Now Forbidden Reason—Homeowners in Limbo 2/4
Homeowners Say Banks Not Following Rules for Loan Modifications 1/14
Loan Mod Program Delays Even Worse for Those Struggling Not to Fall Behind 12/21
Bailout Breakdown: Losses Likely to Be Larger Than Treasury Estimates 12/11
Interactive Chart Shows Breakdown of Slow-Moving Loan Mod Program 12/11
Homeowners Getting Blame for Lack of Loan Mods, but Evidence Points to Banks and Servicers, Too 12/9
Bailout Balance Sheet December 2009: Taxpayers’ Revenues Grow, but So Do Losses 12/3
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