Local Governments May Be Less Willing to Pay Debts, Fitch Says - Blo...
08/20/12
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Local Governments May Be Less Willing to Pay Debts, Fitch Says
Bloomberg
Chapter 9 bankruptcy filings and defaults may extend beyond California, where Stockton, Mammoth Lakes and San Bernardino each sought court protection in the past two months, Fitch said today in a report. Twelve percent of local-government rating ...
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
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Bloomberg
Chapter 9 bankruptcy filings and defaults may extend beyond California, where Stockton, Mammoth Lakes and San Bernardino each sought court protection in the past two months, Fitch said today in a report. Twelve percent of local-government rating ...
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