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Keyword: metlife

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  • HHS nominee Sylvia Burwell entangled in MetLife lawsuit - Signature is on Ďmisstatementsí

    04/16/2014 2:38:27 AM PDT · by Libloather · 6 replies
    Washington Times ^ | 4/15/14 | Jim McElhatton
    Sylvia Mathews Burwell, President Obamaís nominee to lead the countryís health care overhaul, remains entangled in a lawsuit brought by shareholders of MetLife accusing her of misleading investors as a director of one of the countryís biggest insurance companies. The federal lawsuit, filed in New York, says the company used a Social Security death index to stop making payments when beneficiaries died, but the company wasnít as diligent about using the database to track deaths of its policyholders, which triggers payouts, the lawsuit said. Last year, a judge refused to toss a federal lawsuit against the company, including claims against...
  • A Beck inspired 'blackboard' on left wing funding from foundations to public media and more

    03/12/2010 5:37:18 PM PST · by Halfmanhalfamazing · 17 replies · 1,087+ views
    After creating a huge post regarding all the different ways that the left shuffles funding around towards NPR, I realized it was probably a bit too long and I thought there might be a better way. So here is a visual which should help make it easier:
  • Deere (And Others) In The Headlights

    03/26/2010 5:06:50 PM PDT · by Kaslin · 27 replies · 1,286+ views
    Investors.com ^ | March 26, 2010 | INVESTORS BUSINESS DAILY Staff
    Health Reform: As major businesses lay out the impact of ObamaCare in dollars and jobs, two things are clear: the costs will be enormous, and the president's vow to focus on "jobs, jobs, jobs" can no longer be believed. Early returns on ObamaCare are coming in, and they belie proponents' claims of job creation and cost reduction. The costs will increase. They are merely being shifted to the states and to America's businesses, large and small. AT&T, the country's largest telephone company, announced Friday it will take a $1 billion first-quarter charge related to the new health care law. The...
  • AIG sells Alico unit to MetLife for $15.5 billion

    03/08/2010 6:57:16 AM PST · by Toddsterpatriot · 8 replies · 93+ views
    AP ^ | March 8, 2010
    NEW YORK (AP) -- American International Group will sell a second overseas life and health insurance unit for $15.5 billion to MetLife Inc. in an ongoing bid to repay billions in government aid. It was the second major deal AIG completed this month to raise cash. On March 1, AIG agreed to sell Asia-based life insurer, AIA Group, to Britain's Prudential PLC for $35.5 billion....snip.... Including the latest sale, AIG will be able to slash its government debt by $50.7 billion, or 39 percent. Before the sales of AIA and Alico, AIG owed the government $94.76 billion in loans and...
  • Snoopy Braves the Turbulent Skies (Reid tries to kill Metlife stock)

    10/06/2008 1:18:17 AM PDT · by markomalley · 14 replies · 1,020+ views
    Barrons ^ | 10/6/2008 | Sandra Ward
    LOOSE LIPS CAN BUFFET BLIMPS. That was clear last week when some remarks by a senator raised fears about the health of big insurers -- including MetLife, owner of the famed dirigible. Senate Majority Leader Harry Reid (D.-Nev.), in pressing for passage of the financial bailout bill, claimed that a well-known insurer was on the verge of bankruptcy. Insurance stocks plunged, with MetLife (ticker: MET) falling some 15%. The company said Reid's remarks didn't apply to it, and the senator's spokesman said he misspoke.
  • Funding Liberalism With Blue-Chip Profits [Fortune 100 foundations back leftist causes ]

    08/23/2006 7:11:57 AM PDT · by ZGuy · 53 replies · 2,035+ views
    Human Events ^ | 8/23/6 | David Hogberg and Sarah Haney
    Liberal blogger David R. Mark recently wrote, ‚ÄúThose that call themselves ‚Äėcompassionate conservatives‚Äô would never think to touch their fat-cat supporters. It‚Äôs much easier to spin the ‚Äėeconomic benefits‚Äô of helping huge corporations fatten their bottom lines.‚ÄĚ Liberal academic Thomas Frank, in his book What‚Äôs The Matter With Kansas?, claims that the corporate world ‚Äúwields the Republican Party as its personal political sidearm.‚ÄĚ Both Mark and Frank express a common view that corporations are major funders of the political right, and that when corporations make contributions to nonprofit advocacy groups they give to groups on the right because those groups...
  • COURTING GAYS (Companies compete for "gay" market)

    11/05/2004 1:33:57 PM PST · by The Loan Arranger · 69 replies · 3,041+ views
    The New York Post ^ | November 5, 2004 | Paul Tharp
    Big companies are hoping to marry their brands to gays and lesbians this weekend ó about 20,000 of them. In the first days after the presidential election ó in which gay marriage proved to be a pivotal issue ó the nation's biggest exposition on homosexual life is setting attendance records. Booths for exhibitors are also sold out for the first time at the Javits Center, which since 1999 has hosted Gay Life Expo, one of the center's liveliest trade shows. Companies ranging from Citigroup and American Express to Jet Blue and J.P. Morgan Chase are hawking their offerings to the...
  • Companies Rated on Their GLBT Policies

    08/29/2003 4:31:48 PM PDT · by chance33_98 · 308+ views
    Companies Rated on Their GLBT Policies Tuesday, August 26, 2003 Twenty-one companies received a perfect score from the Human Rights Campaign for their treatment of gay, lesbian, bisexual and transgender employees and consumers, almost doubling the number of companies with the same distinction last year. "What we see this year is improvement in every category measured, from written nondiscrimination policies to domestic partner health insurance benefits and beyond. Corporate America continues to be a leader in the quest for GLBT civil rights," says HRC Education Director Kim I. Mills, who oversees HRC WorkNet, the organization's workplace project. "The bottom...
  • Insurer exports jobs

    02/04/2003 3:44:14 PM PST · by Mini-14 · 7 replies · 393+ views
    Dallas Business Journal ^ | February 4, 2003 | Margie Manning
    Insurer exports jobsMargie Manning † MetLife Inc. is eliminating 93 information technology jobs at GenAmerica Financial offices in St. Louis.The work handled here will be outsourced to Cognizant Technology Solutions Corp. Cognizant, a Teaneck, N.J., software developer and service provider, is expected to shift much of the programming and other functions to workers in India, according to GenAmerica employees who spoke on the condition of anonymity.In a statement issued to the St. Louis Business Journal Jan. 22, MetLife confirmed the job eliminations, which it said were part of an integration to further increase IT's ability to respond to the company's...