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Moody’s

Chicago Public Schools

Chicago Public Schools’ Bond Rating Downgraded Again

One of the nation’s bond rating agencies is out with another warning about the Chicago Public Schools system’s financial future.

CBS Chicago–09/28/2012

U.S.currency. (credit: BAY ISMOYO/AFP/Getty Images)

Illinois’ Poor Credit Rating Lowered Again

Illinois, which already has one of the worst-in-the-nation credit ratings, was lowered even further on Wednesday by the Standard & Poor’s rating agency, citing the state’s failure to address its massive pension problems.

08/29/2012

Illinois State Capitol

Moody’s Gives Illinois Worst Credit Rating In Nation

Moody’s lowered Illinois’ rating Friday by another notch, to A2. No other state has such a low rating from Moody’s.

01/06/2012

U.S. Sens. Mark Kirk and Dick Durbin (CBS file)

Durbin, Kirk: Eliminating Debt Ceiling Is A Bad Idea

Ratings agency Moody’s believes if the U.S. eliminates the debt ceiling, it would reduce the uncertainty amongst bond holders.

WBBM Newsradio–07/18/2011

United Airlines at O'Hare (ORD) Airport

Report: O’Hare Expansion Bonds Downgraded

A published report indicates that the O’Hare expansion project might be hurting the city’s financial standing.

CBS Chicago–01/11/2011