Oct
9
Bond Rating Up for Pittsburgh… But other Shoes Will Drop
October 9, 2006 | Leave a Comment
We’re all happy that Pittsburgh has managed to up its horrific bond rating from Moody’s Investor Services - from Baa3 to Baa2– to an average credit risk among most municipalities, and well above that of GM’s (which does not say much…).
However, knowing the degree to which balancing the deficits came with as little cutting-pain as [...]
