Vote on AIG's SIFI status delayed for months: Noreika

Removing AIG from the "too big to fail" category was
delayed for months by dissenting members of the Financial Stability
Oversight Council, according to acting Comptroller of the Currency
Keith Noreika, one of those who voted in favour of the move last
week.
The designation as a Systemically Important Financial
Institution, or SIFI, carried with it additional regulatory costs
estimated at $100mn to $150mn a year, or as much as $12.5mn a
month. Credit Suisse analyst Ryan Tunis said the...