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Monday, September 15, 2008

Fitch Downgrades AIG

by Calculated Risk on 9/15/2008 07:17:00 PM

From MarketWatch: Fitch Ratings downgrades AIG to 'A'

Fitch Ratings said late Monday that it downgraded American International Group because the insurer's ability to raise capital for its holding company has become "extremely limited."
Fitch also kept AIG on Rating Watch Negative.