TOWN: Welcome back to the Town Hall meeting room, Moody’s. It’s great to see you again. Remember last time you were here in 2011 and you upgraded our bond rating? That was wonderful. I hope you’re back to present similar news.
MOODY’S: Actually, Town, I’m sorry to report this, but I’m here to tell you that your bond rating is being downgraded. You will now pay higher interest rates if you need to go back and borrow funds any time in the near future. (more…)