Saturday, February 28, 2015

Moody's downgrades Chicago's rating over pensions

CHICAGO (AP) — Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities.



Moody's downgrades Chicago's rating over pensions



source U.S. News - News http://ift.tt/1LXl9zX

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