[July 07, 2015] |
|
Kroll Bond Rating Agency Releases Comment "Dodd-Frank and the AIG Litigation: Implications for Investors"
Kroll Bond Rating Agency (KBRA) releases research report entitled
"Dodd-Frank and the AIG Litigation: Implications for Investors". The
report makes the following points:
-
KBRA believes that the recent court decisions regarding the bailout of
American International Group (NYSE:AIG) hold significant implications
for investors. Read together with the 2010 Dodd-Frank Wall Street
Reform and Consumer Protection Act, the Court's decision greatly
narrows the discretion of the Fed in making emergency loans to
troubled financial institutions.
-
More, the AIG decision illustrates how excessive debt and related
financial crises serve to erode the rights of investors by undermining
prudential limits and the rule of law.
-
The refusal of regulators to address the risky behavior that led to
the AIG failure and the subsequent ad hoc rescue should no serve as a
source of comfort to investors. Quite the contrary, KBRA believes that
the illegal rescue of AIG and other institutions illustrate the need
to call for greater focus on how investors are treated in insolvency
situations.
To view the full report, please use the following link: www.krollbondratings.com/show_report/2523
Follow us on Twitter (News - Alert)! @KrollBondRating
About Kroll Bond Rating Agency
KBRA is registered with the U.S. Securities and Exchange Commission as a
Nationally Recognized Statistical Rating Organization (NRSRO). In
addition, KBRA is recognized by the National Association of Insurance
Commissioners (NAIC) as a Credit Rating Provider (CRP).
View source version on businesswire.com: http://www.businesswire.com/news/home/20150707006548/en/
[ Back To TMCnet.com's Homepage ]
|