Movers: AIG, Morgan Stanley, Goldman Sachs, WaMu, Dell, Constellation Energy

Stocks in the news Tuesday

American International Group (AIG) - CNBC's David Faber reports Fed has reviewed AIG's books and has a good idea of what firm needs. There is some hope Fed will have something together by end of the day (not the business day). If not, it is likely AIG will file for bankruptcy, Faber said. Earlier, CNBC's Charlie Gasparino reports that government money is now on table in AIG discussions. This morning, S&P Ratings Services lowers long-term counterparty rating on AIG to 'A-' from 'AA-' and its short-term counterparty credit rating on AIG to 'A-2' from 'A-1+'. A.M. Best Co. downgrades financial strength rating to A (Excellent) from A+ (Superior) and issuer credit ratings of the domestic life and retirement services subsidiaries of AIG to "a" from "aa" (AIG). S&P Equity Research reiterates sell.

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