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CNNW CNN Newsroom May 21, 2011 - Vimarsana News

CNNW CNN Newsroom May 21, 2011

surgery. police in mexico arrested the leader of one of the country's most notorious drug reasons. balderas operated the gang. i talked to a former dea agent a short time ago. >> this is major. you've got to remember this gang was responsible for large shipments over a long period of time, over ten years, coming from mexico to united states. you're talking about cocaine, marijuana. also, because they were able to free up the borders and get control over the borders, there is methamphetamine and heroin that crossed the borders as well. >> barragan was wanted in the united states. th...

Detailed text transcripts for TV channel - MSNBC - 20100729:20:48:00 - Vimarsana News

Detailed text transcripts for TV channel - MSNBC - 20100729:20:48:00

Whatever it is. how does the insurance company make money by doing this? . >> it's simple. it's kin to the way a bank operates. you pay a low rate and lend out a higher rate. what the insurance companies done, they invest mostly in corporate bonds. they're making 4% or 5% a year now. they're paying the dependents and survivors of federal workers one-half of one percent. so we're talkingd=uq more than a 300-basis point spread there. we report in the that met life alone is making 100 to $300 million a year in the spread. it's something that's been boasted about the cfo of metlife of conference...