Tag Archives: illinois
Illinois’ credit rating downgraded; state drops to worst in the nation.
Moody’s now rates Illinois as having the worst credit rating in the country.
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