Fitch Drops N.J. Ratings Over $5.3 Billion Budget Gap

Braun, Martin Z.
April 2002
Bond Buyer;4/26/2002, Vol. 340 Issue 31374, p40
Trade Publication
Reports the low general obligation credit ratings of Fitch Ratings for New Jersey. Plan of the state to use tobacco settlement money; Decision of Moody's Investor Service to downgrade the credit ratings of the state; Reassurance of the state for rating agencies.


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