Today's headlines on AOL (yes, I am still on AOL)
U.S. Credit Downgrade By S&P Darkens Economic Outlook, Stokes Recession Fears
This got me thinking. What about Mt. Lebanon? Will this affect our Municipal and School District portfolios? According to School District Policy DFA/EPS/NSBA, the investment company is to be rated in the highest category by a nationally recognized rating agency. (S&P?)
I would ask the head of the Audit and Finance Committee this question, but that committee has been eliminated. I would ask at the next Policy Committee meeting, but I see that the next one will be September 6, 2011 at 4:30 again.
Is it time yet to revisit this renovation? According to the School Board, probably not.
Showing posts with label AAA rating downgraded. Show all posts
Showing posts with label AAA rating downgraded. Show all posts
Sunday, August 7, 2011
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