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JeffCo Sewer Warrants Dropped to D, Loss Risk Elevated: Analysts
by: Shelly Sigo
Friday, February 8, 2013
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Bank of New York Mellon's suspension of bankrupt Jefferson County, Ala.'s sewer warrant payments prompted Standard & Poor's to drop its rating to D, while Moody's said investors are now subjected "to the risk of higher losses."

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