DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - MOODY'S PLACES Aaa RATINGS OF 177 U.S. PUBLIC FINANCE ISSUERS ON REVIEW..

**PetraCromlich** · 07-30-2011, 05:52 AM

Moody's Investors Service has placed under review for possible downgrade the Aaa ratings of 177 public finance credits, affecting a combined $69 billion of outstanding debt. The credits include 162 local governments in 31 states, 14 housing finance programs and one university.

http://www.moodys.com/research/MOODY...ocid=PR_223648

The bond bubble..

There's going to be INTENSE pressure to bail these guys out to avoid "contagion"

07-30-2011, 05:52 AM	#1
PetraCromlich Join Date Oct 2005 Posts 467 Senior Member	MOODY'S PLACES Aaa RATINGS OF 177 U.S. PUBLIC FINANCE ISSUERS ON REVIEW.. Moody's Investors Service has placed under review for possible downgrade the Aaa ratings of 177 public finance credits, affecting a combined $69 billion of outstanding debt. The credits include 162 local governments in 31 states, 14 housing finance programs and one university. http://www.moodys.com/research/MOODY...ocid=PR_223648 The bond bubble.. There's going to be INTENSE pressure to bail these guys out to avoid "contagion"
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