COVID Stimulus Watch Individual Entry
Recipient Company:
MET LIFE GLOB FUNDING I
Loan or Loan Guarantee Amount:
$5,306,706
Recipient Details
Ownership Structure: publicly traded (ticker symbol MET)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: MetLife
Headquartered in: New York
Parent Sector: financial services
Parent Industry: insurance
Employees (prior to pandemic): 49,000
Accountability Issues Since 2010
Employment-related Penalties: $42,647,296
Government-contracting-related Penalties: $123,500,000
Good Jobs First has no data in this category
Consumer Protection / Financial / Competition-related Penalties: $443,139,203
Ratio of CEO Pay to that of Median Worker: 190 to 1
CEO Compensation: $14,570,581
Worker Median Pay: $77,359
Total Federal, State, and Local Subsidies: $267,728,087
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues