Faculty News
Professor Lawrence White discusses a recent court ruling on the federal regulation of MetLife
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Excerpt from Marketplace -- "MetLife has always said it’s just an insurance company. Lawrence J. White, professor of economics at NYU’s Stern School of Business, said MetLife has some ground to stand on to argue that it is different from a bank. 'They tend to have more capital which means they are somewhat less leveraged,' he said. ... 'But if they got into trouble, the consequences for the rest of the economy could be substantial,' White said."
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