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| Office of the Chancellor / Public Affairs |
Friday, January 30, 2004
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Los Angeles Times 1-29-04 |
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| From Bloomberg News The California State University system, the largest state-run university network in the U.S., had its credit rating removed from possible downgrade by Moody's Investors Service. About $1.8 billion of Cal State revenue bonds were removed from the watch list because the system has adequate financial reserves to cushion it from budget cuts sought by Gov. Arnold Schwarzenegger, Moody's said. |
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These news clips are provided by the Public Affairs Department of The California State University. They are intended for the internal use of The California State University system and should not be redistributed. Questions and submissions may be sent to publicaffairs@calstate.edu. |
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