Agencies expect more cities to go under - San Francisco Chronicle

08/20/12


San Francisco Chronicle

Agencies expect more cities to go under
San Francisco Chronicle
In a similar report Friday, Moody's Investors service said it expects "more bankruptcy filings and bond defaults among California cities" and is considering "across the board adjustments of debt ratings for California cities to reflect the new fiscal ...
Local Governments May Be Less Willing to Pay Debts, Fitch SaysBloomberg
Fitch: US Local Gov't Downgrades to Persist; Property Taxes & Labor Costs Are ...MarketWatch (press release)
REPEAT-UPDATE 1-Fitch sees US local gov't downgrades outpacing upgradesReuters

all 16 news articles »

[more]