Moody's Official on City's Credit Downgrade

Clip: 5/18/2015 | 5m 30sVideo has Closed Captions

A Moody's officials talks about why the agency downgraded the city's bond rating to junk.

05/18/2015 | Rating NR

Moody's Official on City's Credit Downgrade

Clip: 5/18/2015 | 5m 30sVideo has Closed Captions

A Moody's officials talks about why the agency downgraded the city's bond rating to junk.

Just why did the city's bond rating get downgraded to junk status by one ratings agency? A Moody's official speaks out. Paris Schutz has the details.

05/18/2015 | Rating NR

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