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Metlife Annuities

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AIG Fights For Survival  As worries of a collapse grow, the giant insurer pleads for assistance in a meeting at the Federal Reserve Bank of New York.

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Markets Slide In Wake Of AIG Bailout News  After a radical intervention by the Federal Reserve to save a giant insurer from bankruptcy, Wall Street stocks take their second nosedive in two days. The two-year, $85 billion loan from the Federal Reserve will prop up American International Group, a move the White House defended.

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CIBC, Royal Lead Declines After Lehman Bankruptcy (Update4)  Sept. 15 -- Canadian Imperial Bank of Commerce , Bank of Nova Scotia and other Canadian bank stocks had their biggest decline in almost four weeks on concern that the failure of Lehman Brothers Holdings Inc.

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Withdraw from annuities carefully  Q: I retired several years ago from the Miami-Dade School system. While employed, I used the 401k retirement vehicle an annuity for savings and after I retired I had well over $100,000 in that account. It keeps growing at 4.5 percent. With the economy so volatile, I'm wondering if I should take all my money out of it, pay the large penalty for taking it out before 2012, and put it in an FDIC ...

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Retirement Payments Likely To Make A Comeback  Annuities – which are typically monthly payments to retired people, over and above NZ Super – may be on their way back onto the New Zealand scene.

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People & Places  * Darien Rowayton Bank has named Robert Kettenmann as its new president and chief operating officer. Kettenmann has an extensive commercial and retail banking background as a senior banking executive.

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