Proving Fiscally Responsible
July 30, 2007
For the third time in six weeks, New York City’s bond rating has been upgraded by an independent rating agency. We have managed the City’s finances prudently with a focus on making long-term investments to ensure the City’s bright future. As a result, New York is stronger than ever, and Wall Street has once again recognized our success. Sounds like he’d make a good president too!
At least those are good credentials. Right? ![]()
Today’s upgrade of New York City general obligation bonds to Aa3 by Moody’s Investors Service completes a ‘clean sweep’ for the City’s rating by the three major rating agencies, following recent upgrades by Standard and Poor’s and Fitch Ratings. For the first time in City history, our bond rating is now in the AA-category from all three major rating agencies, which will result in lower debt costs for the City and our taxpayers. This is a vote of confidence for New York City.”
The man is making waves in many areas, all of which are good “presidenatial traits” which must make Hillary keep looking over her shoulder.
Yeah, I know. Mike says he’s not going to run for president and you know that you can always count on a politicain to tell the truth!
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