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IPFS News Link • Economy - Economics USA

California's Bonds Soon To Get Junked By Moody's

06-19-2009 • Zerohedge.blogspot.com/

[California's] A2 rating is just five notches above speculative status and Moody's raised the potential for the rating to tumble toward "junk" status if lawmakers fail to quickly produce a budget for Governor Arnold Schwarzenegger to sign.

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Reported By Jack Gregson

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California's Bonds Soon To Get Junked By Moody's

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