This news story has 5 comments:

Register or Login to rate comments »
•  
  

  • Neil459: 
  • Comments (1063)
  •  • Instablog (1)

  • •
  • perceptivemind.com
  California is bankrupt. How can it be rated this high?

  Jul 06 04:03 PM | Link | Reply
•  
  

  • youngman442002: 
  • Comments (589)
  you should not be able to buy their junk...or for them to sell anymore....it should be shut off

  Jul 06 04:12 PM | Link | Reply
•  
  

  • fxmaven: 
  • Comments (89)
  •  • StockTalk (28)
  This is the shoe that when it drops, Obama better be stateside to deal with the fallout. Get ready Timmy to ask ordinary taxpayers to pay more taxes to support the financial black hole that is CA, while you "forgot" to pay your taxes. I guess your accountant also has a terrible memory, how convenient.

  Jul 06 04:22 PM | Link | Reply
•  
  

  • Roberm73: 
  • Comments (64)
  •  • Instablog (3)

  • •
  • doomisnigh
  Look for more problems in the muni markets. CA is far from alone.
  There are 5 other states right now in without budgets. Either they fix it soon or they will default.

  Jul 06 04:43 PM | Link | Reply
•  
  

  • youngman442002: 
  • Comments (589)
  Do you really think Obama will let them default...I am sure they are working on a States TALF program right now....

  Jul 06 04:49 PM | Link | Reply