The State was downgraded to the lowest possible investment grade rating and remains on negative watch with an S&P / Moodys credit rating of BBB - / Baa3. (danielstansey.com)
From the RealMoney Columnist conversation yesterday: David Merkel Stealing a March; Next Comes the Pile - On 6/5/2008 3:37 PM EDT So yesterday Moody's places MBIA and Ambac on Negative Watch. (tumblr.com)
By October 2007, 83 percent of the bonds in the portfolio had been downgraded and 17 percent were on negative watch. (wallstreetonparade.com)