Risks of California municipal bankruptcies rising-Moody's - Reu...

08/17/12


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Risks of California municipal bankruptcies rising-Moody's
Reuters
There have been three prominent municipal bankruptcy filings in the Golden State since June, including Stockton, reflecting a broad pattern of fiscal stress, Moody's said. "However, we expect the number of filings and defaults will be low relative to ...
NY Fed says municipal bond defaults higher than ratings agency countsWashington Post

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