SAN FRANCISCOFitch Ratings revises the Rating Watch to Positive from Negative on the ratings of $1.7 billion of debt issued by the City of San Diego, California and related entities, secured by the citys tax pledge, lease rental payments, and water and wastewater enterprise system revenue. Read more
March 28 (Bloomberg) Billionaire Warren Buffett s new bond insurer may not get any business from California, the largest U.S. municipal debt issuer. Read more
March 27 (Bloomberg) California State Treasurer Bill Lockyer plans to use the states pension funds that hold McGraw Hill Cos. shares to push for changes in how its Standard Poors unit rates municipal debt. Read more
SAN MATEO The nowdefunct Sacramento Harness Association left behind plenty of debt, including more than $1 million owed in rent to its former landlord Cal Expo. Read more