That's Life.... Derivatives

"Plain Vanilla"
Real World View...

MetLife Profit Falls On Hedge Moves

Losses on Derivatives Contributed To 78% 

Second Quarter Drop

-WSJournal Headline 8/1/2013

"MetLife Inc.'s second quarter profits fell 78% as the company booked net derivative losses, though operating earnings and revenue improved."

"The latest quarter included net derivative losses of $1.69 billion...  Similar to other insurers, MetLife uses derivatives to hedge a number of risks, including changes in interest rates and currency fluctuations."

But on derivatives, NCUA has a different look for credit unions ....

"Plain Vanilla"
NCUA World View...