Slowdown in break-up and sell-offs will bring bigger rewards
Moody’s has said AIG will be able to repay its Federal Reserve credit line and “much or all” of the Treasury Department’s investment if financial markets stabilise, Bloomberg reports.
“The slower approach to restructuring could help AIG to generate more favourable values from its business portfolio than would be the case under rushed asset sales,” Moody’s said, confirming AIG’s credit rating.
