Comment on Rating Agencies Sign Off On Revised AIG Bailout

Rating Agencies Sign Off On Revised AIG Bailout

More on The RecessionMajor credit rating agencies have signed off on the latest revamp of American International Group Inc.'s $150 billion government rescue package, people familiar with the matter say, removing the most immediate threat to the plan's implementation. Both Standard & Poor's and Moody's Investors Services have quietly endorsed the terms of the revised bailout, which was negotiated over a period of months between AIG and government officials, the people said.

 

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