Fitch on Chicago: Why We Cut The Windy Citys Rating
May 19, 2015 11:22 PM
4:25 Fitch Ratings Senior Director Arlene Bohner talks about the ratings agencys recent downgrade of Chicago what drove the cut, the difference between the rating and the level where the bonds trade, what the recent postponement of the citys bond sale means, and what it will take to keep Chicagos rating at its current level.