Rockland Co., N.Y., GOs Cut to A by S&P
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Thursday, March 4, 2010 |
NEW YORK - Standard & Poor's Ratings Services said it lowered its long-term rating and underlying rating (SPUR) on Rockland County, N.Y.'s general obligation (GO) debt two notches to A from AA-minus based on the county's continued weakening financial position and once-strong reserves. The outlook is negative.
