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Standard and Poor

file photo (by Slaven Vlasic/Getty Images)

Christie, NJ Assembly Point Fingers At One Another For Bond Rating Dip

Some bad news for New Jersey from Wall Street, as Standard and Poors lowered the state’s bond rating yesterday one level from “AA” to “AA-”. That may not sound like much, but it’ll make it more difficult, not to mention more expensive for the state to borrow money.

02/10/2011