Moody's downgrades Cali Bonds to Baa1

Discussion in 'Economics' started by TGregg, Jul 14, 2009.

  1. TGregg


    Heh, somebody better call The One and get a bailout before they go junk! There's only two notches between where they are now and the abyss.

    Apparently the average IOU is worth about a third of ten large.