Real Effect: HOT: S & P Downgrades California

Wednesday, January 13, 2010

HOT: S & P Downgrades California

S&P has downgraded State of California debt to A- from A.

This will make raising money for the state significantly more expensive, and is likely to force some funds that can only hold A paper or better to sell California debt.

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Real Effect Quotes

Syria - It appears that the road to Iran lies through Syria. The US will try to draw in Hezbollah through "regime change". (Q1)
- The Real Effect - January 1, 2012

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- The Real Effect - June 15, 2009

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- The Real Effect - August 23, 2005

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