Rating Agencies - AIG - FCIC

  • 2008 0814 - FCIC - FRB (Kevin Coffey/NY/FRS) - FCIC-AIG0021211 - 3p
    • Recent Rating Agency Statements
      • The team had not yet had an opportunity to review the Moodys or the S&P statements on AIG so they had not yet factored this into their analysis (or earlier comments on liquidity and capital).
      • However, they seemed to focus particular attention when we mentioned the S&P statement regarding AIG's need to achieve earnings stability in the third quarter.
      • As they noted a quite a few times, this gave AIG only 45 days.