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Some munis can have higher ratings than U.S.-S&P

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DonCoquixote Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Aug-09-11 04:06 PM
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Some munis can have higher ratings than U.S.-S&P
http://www.reuters.com/article/2011/08/09/sandp-muni-ratings-idUSN1E7781M620110809

Let me guess, those red state cities like Houston will, but New York will not.

"The states that S&P currently rates triple-A are Delaware, Florida, Georgia, Indiana, Iowa, Maryland, Minnesota, Missouri, Nebraska, North Carolina, Utah, Virginia and Wyoming."

FLORIDA? How the Bloody Hell did that happen? Are they doing crack in the S & P offices?
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