Fitch: Local Government Muni Downgrades Likely to Persist - Barron&#...

08/21/12

Fitch: Local Government Muni Downgrades Likely to Persist
Barron's (blog)
“The consideration of municipal bankruptcy as a viable option for relief in itself calls into question an issuer's commitment to repaying debts,” said Dan Champeau, group head of U.S. public finance and global infrastructure at Fitch. “Chapter 9 ...
Local Governments May Be Less Willing to Pay Debts, Fitch SaysBloomberg

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