Moody's: Local Governments Are Likeliest Muni Defaulters - Wall...

03/07/12

Moody's: Local Governments Are Likeliest Muni Defaulters
Wall Street Journal
In the widely anticipated report titled "US Municipal Bond Defaults and Recoveries 1970-2011," the ratings firm said Wednesday that no distinct pattern has emerged yet, but it is keeping an eye on a handful of recent bankruptcy filings and defaults by ...
Moody's: Defaults remain rare for municipal bonds; study points to new patternMoodys.com (press release) (registration)

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