Saturday, August 6, 2011

Moody's affirms AAA rating for TIAA - Charlotte Business Journal:

http://satuchip.com/Bestsellers/Samsung-Galaxy-Phone/
But New York-based TIAA's long-term issuer rating was placed undeer review forpossible downgrade. TIAA’sa issuer rating remains AAA, but Moody’sd expressed concern about what itcalledf "the weakened cushion available to protect its non-policyholder seniot creditors, whose claims are subordinate to policyholdere obligations." "TIAA has substantial capitalizatiom and flexibility to maintain its financial strength in what is a very difficult economic environment," Moody’s Senior Credit Officer Arthue Fliegelman said in a statement.
"However, the companyg has not been immune to environmental having experienced significant investment particularly in itsreal estate-related portfoliop and structured investments."

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