"It's too big to be allowed to fail!" This time representatives of large investors with lots of money tied up in huge financial houses are saying that about AIG. See Hugh Son, "AIG Credit Rating Cut Threatens Quest For Funds, Roils Markets" (Bloomberg.com, Tuesday, September 16, 2008).
Standard and Poor's and Moody's Investors Service both cut AIG's credit ratings. Id.
Wall Street, which seemingly is never prepared for anything, is reportedly not prepared for AIG to collapse. Mary Williams Walsh and Michael J. de la Merced, "A Race For Cash at A.I.G. as Ratings Are Downgraded" (New York Times Online Tuesday, September 16, 2008, report filed Sept. 15, 2008).
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