Risks of California muni bankruptcies rising: Moody's - Chicago...

08/17/12

Risks of California muni bankruptcies rising: Moody's
Chicago Tribune
There have been three prominent municipal bankruptcy filings in the Golden State since June, including that of Stockton, reflecting a broad pattern of fiscal stress, Moody's said. "However, we expect the number of filings and defaults will be low ...
California Cities May Face Rating Cuts as Default Risk RisesBusinessweek

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