For readers who think that the United States government bends over backwards to accommodate the financial industry,
MetLife's (NYSE:
MET) discussion of guidance for the remainder of 2012 and 2013 is a must-read. While the
troubled asset relief program
and a variety of other government programs clearly allowed financial
companies to shore up their capital, the reality is that the zero
interest rate policy and "QE infinity" are taking a toll on companies
that earn their living on interest rate spreads.
Read the full article here:
http://www.investopedia.com/stock-analysis/2012/MetLifes-Guidance-Reflects-A-Wider-Problem-MET-USB-PRU-ZION1214.aspx
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