Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Snowshoe who wrote (71761)	12/16/2009 1:02:51 PM
From: Haim R. Branisteanu	of 74559

Downgrade on California coming?? DJ MARKET TALK: Calif Aid Juggling Forces Closer S&P Look At Note Ratings 1735 GMT [Dow Jones] California's juggling of aid disbursement deferrals not only complicates local education agencies' cash flow management but also affects S&P's approach to rating tax and revenue anticipation notes, S&P said in a release. "We would generally be unlikely to view TRANs that rely on state aid apportionments in fiscal 2011 for repayment as having strong capacity to pay principal and interest," said Gabriel Petek, an S&P director. (SDR)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next