Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities.
JASON KEYSER Associated Press, San Diego Union-Tribune Nation
Sat, 02/28/2015 - 12:37pm
Moody's Investors Service has downgraded Chicago's credit rating to two levels above junk status, citing the city's $20 billion mountain of unfunded pension liabilities.