Fitch Affirms AIG’s Ratings; Removes Domestic Property/Casualty Subsidiaries from Watch Negative

Fitch Affirms AIG’s Ratings; Removes Domestic Property/Casualty Subsidiaries from Watch Negative
CHICAGO—-Fitch Ratings has affirmed the ratings of American International Group, Inc. as summarized below:
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Something had to give and UK plc wasn’t it
So the Government has given in to concerted lobbying by big business to try to alleviate their pension obligations. That has to be the interpretation of the shock move to change the measure of inflation used to calculate payments.
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Judge Alarmed At UK Tax Fraud,
A Crown Court judge has expressed alarm at the ease with which a Ukrainian criminal gang was able to defraud the UK tax system to the tune of millions of pounds.
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Today in the press
The Government has shelved consideration of a property tax and the issue is now off the Coalition’s agenda.
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