Similar Stories to Rating Agencies Sign Off On Revised Aig Bailout on Bing News

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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    How do lenders decide who's trustworthy enough to lend money to? That's where credit rating agencies come in. They rate the creditworthiness of individuals, companies, and even whole countries.
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