Your future raise is going to the Yum Center instead http://blogs.reuters.com/muniland/2012/07/10/what-goldmans-muniland-charm-offensive-doesnt-tell-you/ Goldman must have understood how flimsy this deal was when it was initially structured. The original Moody’s and Standard & Poor’s ratings were Baa3 and BBB-, respectively, the lowest possible ratings a deal can receive to still be considered investment grade. It’s not a big surprise that after three years the deal is junk. Even if you factor
Your future raise is going to the Yum Center instead http://blogs.reuters.com/muniland/2012/07/10/what-goldmans-muniland-charm-offensive-doesnt-tell-you/ Goldman must have understood how flimsy this deal was when it was initially structured. The original Moody’s and Standard & Poor’s ratings were Baa3 and BBB-, respectively, the lowest possible ratings a deal can receive to still be considered investment grade. It’s not a big surprise that after three years the deal is junk. Even if you factor