TITLE

Moody's Drops N.Y. State Outlook

AUTHOR(S)
McDonald, Michael
PUB. DATE
December 2002
SOURCE
Bond Buyer;12/9/2002, Vol. 342 Issue 31528, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the lowering of New York's general obligation credit rating by Moody's Investors Service Inc. as of December 9, 2002. Debt amounts of general obligation and lease and appropriation; Acknowledgement of the state budget deficit by the governor George E. Pataki; Consideration of selling tobacco settlement-backed bonds for balancing budget gaps; Reflection of New York's economic condition in its credit rating.
ACCESSION #
8849286

 

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