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    Nov 10, 2011 | Los Angeles Times
  1. Alabama county files largest municipal bankruptcy in U.S. history

    Nation Now
    Jefferson County in Alabama filed for bankruptcy, the largest municipal bankruptcy in U.S. history....
  2. Nov 10, 2011 | Los Angeles Times
  3. Italian bond yields fall, but French yields soar on S&P 'error'

    Money & Company
    The Eurozone's debt crisis eased a bit on Thursday as Italian government bond yields pulled back from 14-year highs....
  4. Nov 11, 2011 | Los Angeles Times
  5. Penn State's credit rating may be lowered because of scandal

    Money & Company
    Penn State scandal: Moody's Investors Service announced Friday that it may downgrade the university's credit rating in light of the lawsuits and other "reputational and financial risk" the school is likely to endure....
  6. Nov 25, 2011 | Los Angeles Times
  7. Portugal, Belgium hit by rating cuts; Eurozone yields jump again

    Money & Company
    With European government bond markets already in severe distress, the credit-rating companies keep delivering their equivalent of a blast of pepper spray. Bond yields surged again across Europe on Friday, one day after Fitch Ratings cut Portugal’s...
  8. Jun 9, 2011 | Los Angeles Times
  9. A slim majority of Americans support a debt ceiling increase with deep spending cuts, new poll shows

    Money & Company
    Americans appear as conflicted over raising the nation's fast-approaching debt limit as Washington politicians, a new poll has found. While there is broad agreement that failure to increase the debt ceiling would cause serious harm to the U.S. economy,...
  10. Jun 13, 2011 | Los Angeles Times
  11. S&P cuts Greece's debt rating to CCC, sees default risk rising 'significantly'

    Money & Company
    Credit rating firm Standard & Poor's cut Greece's debt grade to CCC on Monday, the lowest of any rated country, citing a "significantly higher likelihood of one or more defaults" by the Greek government. S&P’s cut in Greece’s rating, from........
  12. Sep 14, 2011 | Los Angeles Times
  13. California short-term debt deal more than half sold on first day

    Money & Company
    Yield-hungry individual investors on Tuesday put in orders to buy more than half of the short-term notes that California is selling this week to raise cash. Brokerages handling the deal for state Treasurer Bill Lockyer said they had orders for......
  14. Jul 8, 2011 | Los Angeles Times
  15. U.S. unemployment rate rises to 9.2%, raising doubts about recovery

    Money & Company
    The U.S. employment picture went from bad to ugly in June as employers added almost no new net jobs and the unemployment rate edged up for the third straight month, to 9.2%. The report Friday from the Labor Department was......
  16. Jul 7, 2011 | Los Angeles Times
  17. California's debt rating outlook raised by S&P

    Money & Company
    Standard & Poor's has removed the immediate risk of a downgrade of California's debt rating, saying the state's plan to balance its budget was "largely realistic." S&P on Thursday raised its outlook for California’s rating to “stable”...
  18. Jul 8, 2011 | Los Angeles Times
  19. Dismal jobs report shows unemployment rising to 9.2%

    Money & Company
    The U.S. employment picture went from bad to ugly last month as employers added almost no new net jobs and the unemployment rate edged up for the third straight month, to 9.2%. The report Friday from the Labor Department is......
  20. Jul 12, 2011 | Los Angeles Times
  21. Gold hits record high on debt fears and chance of more Fed stimulus

    Money & Company
    Gold closed at a record high Tuesday, surpassing its previous high set in May, as some investors ran back to the classic haven amid global financial markets’ latest turmoil. The metal also got a boost as the minutes of the......
  22. Jul 12, 2011 | Los Angeles Times
  23. Ireland's debt rating cut to junk by Moody's; euro slides

    Money & Company
    Ireland's debt rating was cut to junk status Tuesday by Moody's Investors Service, dashing financial markets' hopes for a stretch of calm after the latest upheaval in Europe. Moody’s dropped Ireland to Ba1 from Baa3, citing a “growing...
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Ratings Photos
The Illinois State Capitol, Springfield. Standard & Poo...
(January 25, 2013)
Illinois' credit rating falls
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(December 23, 2011)
U.S. credit rating