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Today's Outrage: AIG, MetLife Contradict Obama

Stock quotes in this article: AIG , MET  

Today's Outrage is published weekdays at 9:30 a.m. EDT and is available as an RSS feed.

I don't get it.

I don't understand the blatant contradiction between the Obama administration's clear desire to dismantle large, systemically risky financial institutions and the talks by AIG to sell its sizable foreign life insurance unit to MetLife.

MetLife(MET Quote) is already the largest U.S. life insurer and AIG's American Life Insurance unit, aka Alico, operates in more than 50 countries outside the U.S. and may be worth between $11 billion and $20 billion, depending on whether you ask AIG or MetLife. ...

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