Wednesday, February 3, 2010

Country and State Bond Ratings

Cute piece entitled “U.S.A.A.A.” by Ben Schott (author of much bathroom reading) in the February 3 issue of The New York Times on the bond ratings of countries and states.

In the top category: both the U.S. and the state of Utah.

In the bottom category of states: California. Interestingly, California is rated one level above Greece, which is trying to fend off a sovereign default.

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