From Name:
From Email:
To Name:
To Email:

Optional Message:


A debt-ratings rift rattles Chicago

from The Wall Street Journal

From May 26: The world’s two largest ratings firms are divided in their view of Chicago’s fiscal health as the city grapples with a $20 billion pension hole, a potential preview of battles expected to break out around the U.S. as retirement obligations mount. Moody’s Investors Service lowered Chicago’s bonds to junk status while rival Standard & Poor’s Ratings Services settled on an investment-grade A-minus rating, a more optimistic view of the nation’s third-largest city. more


Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063