Moody's assigned a negative outlook to the creditworthiness of all local governments in the US, the first time it had ever issued such a blanket report on municipalities.
[Thanks to MPC for the link]
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A forum for discussing financial economics, structured finance and investment management
About Me
- ALD
- I'm a veteran of two careers - high school math and physics teacher, retirement consulting actuary - who is now enjoying the pleasure of staying at home for my daughter. (My avatar is in honor of Will Durant, whom I consider the last true sage.)
Chartered Financial Analyst, 2006
Chartered Financial Consultant, 2005
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