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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (102359)	5/15/2001 3:05:25 PM
From: ild	Read Replies (2) \| Respond to of 436258

Moody's cuts California bond rating By CBS.MarketWatch.com Last Update: 1:17 PM ET May 15, 2001 NEW YORK (CBS.MW) -- Moody's Investors Service cut ratings Tuesday on California's $19.8 billion of general obligation bonds and $5.7 billion of lease revenue bonds and said the state's credit outlook remains negative. The move reflects increasing financial risks stemming from the state's energy crisis as well as broader concerns about economic conditions in California and the U.S. as a whole, the debt-rating agency said. See full story. And: Outages likely to be worse than state forecast cbs.marketwatch.com