Relevant:
- Move over, Puerto Rico. Illinois, New Jersey and other states face municipal bond woes, too
- Moody's sounds alarming bell over junk bonds issued by commodity companies
- U.S. States' Credit Rating Outlook Turns Negative, Moody's Says
- Moody's Lowers Outlook on Commercial Paper Funds
- Moody's Downgrades Ireland From Baa3 To Junk
2009-04-08 — nytimes.com
"Moody’s Investors Service assigned a negative outlook to the creditworthiness of all local governments in the United States, the agency said Tuesday, the first time it had ever issued such a blanket report on municipalities."
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