Reno, Nevada's had $130 million in capital improvement revenue bonds downgraded three notches to Baa2 from A3 by Moody's Investors Service.
Reno, Nev. Bonds Drop Three Notches.
NOV 20, 2012 2:39pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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