Wednesday, May 12, 2010

California is a Worse Credit Risk than Iraq or Lebanon

 CMA Datavision is now showing California to have a higher Cumulative Probability of Default than IRAQ or Lebanon!

Here's CMA Datavision 's Risk Monitor based on Highest Default Probabilities. 

The rankings can change during the day in these volatile times but Brian Shelley has captured a  snapshot of California's rating below that of Iraq and Lebanon.


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