http://blogs.wsj.com/law/2008/07/30/connecticut-latest-to-go-after-rating-agencies/
Connecticut AG files against bond ratings companies for "unfairly" lowering municipal bond ratings for Connecticut public entities.
Perhaps my perspective just comes from my being in a county with a terrific bond rating, but maybe the problem is crappy fiscal policy and depreciating assessment bases in Connecticut that makes bond traders nervous about the towns and cities of Connecticut?
Connecticut AG files against bond ratings companies for "unfairly" lowering municipal bond ratings for Connecticut public entities.
Perhaps my perspective just comes from my being in a county with a terrific bond rating, but maybe the problem is crappy fiscal policy and depreciating assessment bases in Connecticut that makes bond traders nervous about the towns and cities of Connecticut?
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