Tag Archives: illinois

Good News, California!

Posted on January 26, 2013 by Les Jones

Illinois’ credit rating downgraded; state drops to worst in the nation.

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Good News for California

Posted on January 10, 2012 by Les Jones

Moody’s now rates Illinois as having the worst credit rating in the country.

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Chicago Going as Bankrupt as California

Posted on May 17, 2010 by Les Jones

Mish – Illinois Doesn’t Pay Bills; Crisis Pushes Businesses to Edge of Bankruptcy: Illinois isn’t bothering with the formality of issuing IOUs, as California did last year. It simply doesn’t pay. Right now, $4.4 billion worth of bills, some dating … Continue reading →

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