Wednesday, December 09, 2009

Moody's lowers Illinois bond rating

Moody's lowers Illinois bond rating
"In a shuddering preview of what's in store for the U.S., Moody's Investor Services lowered the state of Illinois' bond ratings on Tuesday reports Karen Pierog of Reuters.

Illinois's bond ratings are now the second lowest of all 50 states, trailing only the # 1 holder of this dubious honor--California."

No comments: