This is likely to result in an immediate demand from AIG of at least $10 billion, and perhaps as much as $18 billion, since many who have funds with AIG have the right to call those funds away from AIG if there is a credit cut.
-Robert Wenzel
Monday, September 15, 2008
S&P and Moody's Cut AIG's Rating
Moody's and S&P have cut AIG's credit rating.
This is likely to result in an immediate demand from AIG of at least $10 billion, and perhaps as much as $18 billion, since many who have funds with AIG have the right to call those funds away from AIG if there is a credit cut.
-Robert Wenzel
This is likely to result in an immediate demand from AIG of at least $10 billion, and perhaps as much as $18 billion, since many who have funds with AIG have the right to call those funds away from AIG if there is a credit cut.
-Robert Wenzel
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