4th February, 2009
California has had its credit rating reduced by Standard and Poors.
Posts Tagged ‘bankrupt california’
California downgraded by ratings company
Posted by seumasach on February 4, 2009
Posted in Financial crisis | Tagged: bankrupt california, california goes bankrupt, financial collapse | Leave a Comment »
Is It Time to Bail Out of the US?
Posted by seumasach on February 2, 2009
January 28, 2009 “Information Clearinghouse“ — California State Controller John Chiang announced on January 26 that California’s bills exceed its tax revenues and credit line and that the state is going to print its own money known as IOUs. The template is already designed.
Posted in Financial crisis | Tagged: bankrupt california, california goes bankrupt | Leave a Comment »
In These New Times 