Moody’s Investor Service http://ripr.org en Moody's Downgrades the State's 38 Studios Bonds http://ripr.org/post/moodys-downgrades-states-38-studios-bonds <p>Moody’s Investors Service has downgraded the state’s bonds for its failed deal with 38 Studios.&nbsp; Moody’s has put those and other state bonds under review for possible additional downgrades.</p><p></p><p>In explaining the move, Moody’s points to uncertainty in the General Assembly about whether to allocate money for paying back the 38 Studios’ bonds. The investors’ service downgraded the 38 Studios bonds from a low credit risk to a moderate risk.</p><p></p> Tue, 18 Jun 2013 12:56:57 +0000 Ian Donnis 17092 at http://ripr.org