By: Diane Benjamin Is Koos a narcissist for the heading on this letter? Note how many times he references Our Normal. In other words if you are part of “his” club you can stay, others aren’t welcome. -Do you get to live in a Town property for $120 a year? -Are you invited to the […]
By: Diane Benjamin Normal reported the same credit ratings in their financial statements that I reported in this story: https://blnnews.com/2019/12/07/moodys-normal-doesnt-have-a-aaa-credit-rating/ PDF page 33: https://normal.org/DocumentCenter/View/15625/CAFR19-FINAL-DOC What they failed to tell you is that Fitch is owned by a French company and is the smallest of the “Big Three” ratings companies. https://www.sapling.com/7319147/sp-moodys-fitch-ratings S&P doesn’t not have […]
By: Diane Benjamin Moodys doesn’t have Normal at a AAA credit rating. Their rating is still really good – AA1. (Bloomington is AA2). I can’t post link because an account needs to be created, you can create on for free at moodys.com Fitch rating services have a different story – Their rating for Normal is […]
By: Diane Benjamin Media did report Illinois universities had their credit ratings downgraded by Moody’s. Their details were sketchy though. Here’s the story: https://www.ilnews.org/news/economy/moody-s-downgrades-seven-of-illinois-public-universities-five-speculative/article_bd88b102-4d66-11e7-8a6d-af95b89dd478.html The University of Illinois’ new rating is A1 with a negative outlook. Read the story – this is because U of I is doing nothing to control costs and relies too […]
