Tag Archive for downgrade

Moody’s Downgrades Outlook for City of Syracuse Over Bankruptcy Inquiries

Stephanie Miner

Syracuse, NY Mayor Stephanie Minor recently made inquiries into the possibility of bankruptcy because the finances of the city are in ruins. She said she wasn’t considering bankruptcy, only exploring the possibility in the event city officials are unable to…


Fitch Warns of Future Downgrade for US


While the politicians are playing political games and debating how much to increase the deficit, the ratings agency Fitch is considering joining S&P and downgrading the United States’ credit rating. Fitch Ratings on Wednesday warned again that the United States’…