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This post was originally published on the Public Notice: Bankrupting America Blog. Surprise, confusion and frustration pervade reactions to nearly 200 super-downgrades of municipal credit ratings that occurred over the past year. The Wall Street Journal details reactions by city officials who witnessed ratings drop, and in the 196 cases of super-downgrades, by more than three notches. … Continue reading
This post was originally published on the Public Notice: Bankrupting America Blog. Standard & Poor’s recent downgrade of the United States’ credit rating leaves 13 states with higher ratings than the federal government. As reported by USA Today, S&P has yet to announce plans to downgrade the ratings of states and municipalities, but the effect may be felt … Continue reading
Jared Alves 