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S&P Credit Research898 word report
published Nov 05, 2009
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S&P Credit Research
| Abstract: | SAN FRANCISCO (Standard&Poor's) Nov. 5, 2009--Voters' rejection of measures that would have limited growth in government revenues or spending in Maine and Washington in the Nov. 3, 2009, state elections was the most significant outcome from a credit perspective, Standard&Poor's Ratings Services said today in an article. "Overall, we do not anticipate any immediate credit impact as a result of the passage or failure of this year's ballot measures," said Standard&Poor's credit analyst Christ Morgan. The 26 measures considered by voters in six states were a fraction of the 153 measures in 2008 but typical for off-year elections, according to the Initiatives and Referendum Institute. "This year's results, in our view, showed continued support
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| Brief Excerpt: | RESEARCH Ratings Definitions Rejection Of Measures To Curb Government Finances Is A Strong Signal, Report Says Publication date: 05-Nov-2009 Primary Credit Analyst: Chris Morgan, San Francisco (1) 415-371-5032; chris_morgan@standardandpoors.com...
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| Report Type: | News
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| Sector: | Public Finance
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| Free Sample: |
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S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
