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Thursday, June 25, 2009
4:04 PM TweetThis
  • Fitch has downgraded California's credit rating to A-minus from A on the expectation of continuing strained finances through fiscal 2010 and beyond - regardless of the outcome of the budget battle.
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This news story has 3 comments:

  •  
    A- what are they smoking? More propaganda for young and clueless.
    Jun 25 04:39 PM | Link | Reply
  •  
    The legislator of CA has proven itself to be grossly incompetent and absent of any intelligent leadership - it is one the last States whose bonds I'd consider buying
    Jun 25 05:05 PM | Link | Reply
  •  
    What took them so long? And why didn't the downgrade go further than one level?

    Once the true rating of CA bonds is revealed (BB- or worse), think about how much their interest costs will rise!
    Jul 06 06:19 PM | Link | Reply
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