Fitch Ratings late Monday downgraded Illinois’ general obligation rating one notch to A-minus and warned of possible further action by leaving the state’s credit on negative watch ahead of $1.3 billion of short- and long-term GO issuance in three deals over the coming weeks.Who could forget that Barack Obama was an Illinois state Senator who was part of this problem?
Tuesday, March 30, 2010
Fitch Downgrades Illinois to A-minus
The Bond Buyer reports:
