Moody's Investors Service has downgraded the rating of Texas Municipal Gas Acquisition & Supply Corporation I, Gas Supply Revenue Bonds, Series 2006A, 2006B and 2008D to A1 from Aa3. The A1 rating remains on watch for further downgrade. The downgrade is a result of the downgrade of Merrill ...
Moody's Downgrades Texas Municipal Gas Acquisition & Supply Corporation I To A1
JAN 21, 2009 3:32pm ET
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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