TITLE

Raters Skirting Water Hazards, Report Says

AUTHOR(S)
Seymour, Dan
PUB. DATE
October 2010
SOURCE
Investment Dealers' Digest;10/22/2010, Vol. 76 Issue 39, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article presents a report from Ceres, a national coalition of investors and public interest groups, which shows water utility bonds may not be as safe as everyone believes in the U.S. in 2010. The coalition of investors accords that the credit ratings used to estimate the risks of investing in water utilities reject some significant potential pitfalls. The report proposed that the ratings on at least two major water systems do not adequately ponder all the risks the face.
ACCESSION #
55120442

 

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