Oil Bust Spreads As 11 Texas Towns See Credit Downgraded…(Sad, Odessa My Home Town :( )

Friday, March 11, 2016
By Paul Martin

by Julianne Geiger via OilPrice.com,
ZeroHedge.com
03/11/2016

Moody’s Investors Service placed 11 West Texas governments and municipalities under review for a potential downgrade last week. The review will consider downgrading the credit ratings of 11 local governments, which include Odessa and Midland, Pecos County, and 7 hospital districts. The review would affect US$477 million in outstanding public debt.

The Rest…HERE

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