Municipal bankruptcy a risk, even where it's disallowed-Fitch -...

08/14/12

Municipal bankruptcy a risk, even where it's disallowed-Fitch
Reuters
Aug 14 (Reuters) - Barely half of U.S. states allow their local governments to file for bankruptcy, but Fitch Ratings will continue to factor in the probability of a Chapter 9 filing for all tax-supported local debt it rates, the agency said on Tuesday ...

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