Financial Stability Oversight Council may have given Met Life an odd kiss of death. They have declared Met Life to be systemically important. Not too many details out there but size seems to be important just as it was for AIG and Prudential.
Regulation and oversight are nice but you need some transparency. The financial community should understand why. The investing public and stakeholders in Met Life should understand why and how come.
Regulators cannot expect the marketplace to respond if no one understands the why and how of it all.
George Gutowski writes from a caveat emptor perspective.