SAN FRANCISCO -California Treasurer Bill Lockyer opened a new front in his battle to increase state and local government bonds ratings, launching a campaign-style Web site with the message "Municipal Bond Rating Reform: Protect Taxpayers, End the Double Standard."

The site - - outlines Lockyer's case. He says local government borrowers rarely default on their bonds and should get higher ratings than corporations that default at much higher rates. The new site offers a form that will create letters to rating agencies for Web surfers, contact information for rating agency officials, and sample lobbying letters in addition to lists of supporters, news, and background.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.