Looks pretty important....
In the case of MetLife, U.S. District Judge Rosemary Collyer sees a little more reverse-engineering than she’s comfortable with.
She said the oversight council had first told the public it would conduct an analysis of a company’s vulnerability to financial stress, but then didn't do so in the case of MetLife. “That’s what they said and that isn’t the analysis that was used,” she said.
At another point, she suggested that by assuming serious financial distress at MetLife, the council created a scenario where MetLife had almost no chance to convince regulators that the company doesn’t put the financial system at risk. “That is not a risk analysis,” she said. “That is assuming the worst of the worst.”