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Business & Finance
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Question description

Question 1: 

More than a year before Moody's downgraded Chicago's debt to junk status, one of its analysts asked top city officials to explain why the city was healthier than what other troubled debt issuer?

Question 2:

What change to Moody's methodology contributed to the downgrade of Chicago's debt? Does the change make sense? Why or why not?

Question 3:

Mayor Rahm Emanuel has stated that Moody's downgrade of Chicago's debt to junk status was irresponsible, premature, and politically motivated. Do you agree? Why or why not?

Question 4:

Would you buy bonds from any of the governments who have begun to exclude Moody's from rating debt issues? Why or why not?

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(Top Tutor) Daniel C.
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