26 January 2010

Who Is In Charge Of ILFC?

We are getting conflicting reports of the goings on in the top echelon of the MGM Tower in Century City. So who is running ILFC?

Rumours have been swirling that Udvar-Hazy is leaving the ship. AIG Director Doug Steenland (former NW Chairman) is now the named non-Exec Chairman of ILFC replacing Udvar-Hazy in that role.

Today S&P downgraded ILFC's credit rating to BBB-.

So we wait....

Cheers

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