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Chicago's Debt Rating Downgraded

Clip: 7/17/2013 | 4m 52s

Moody’s Investors Service gives Chicago a triple downgrade. Paul Merrion discusses.

The latest casualty in the state’s battle for pension reform is Chicago’s credit ratings. Moody’s Investors Service has bumped the city’s general obligation and sales tax ratings down three notches. We discuss what this triple downgrade means with Crain's Chicago Business Washington Bureau Chief Paul Merrion on Chicago Tonight at 7:00 pm.

07/17/2013 | Rating NR

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