Birinyi, Faber, Marron, Silva's Own Words on AIG Crisis
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Birinyi, Faber, Marron, Silva's Own Words on AIG Crisis
American International Group Inc.'s credit rating-cut by S&P, Moody's and Fitch is the latest shock to global financial markets after the collapse of Lehman Brothers Holdings Inc. and the sale of Merrill Lynch & Co. to Bank of America Corp. This report is a compilation of comments by Lightyear Capital's Donald Marron, KBW's Clifford Gallant, Nomura's Eric Betts, Schroder's Andy Brough, Tower Group's Ralph Silva and Birinyi Associates Laszlo Birinyi and Marc Faber, publisher of the ``Gloom, Boom & Doom Report.'' (Source: Bloomberg)
Bloomberg | September 16, 2008
