Junk Bond Rating Prevents N.O. From Borrowing Recovery Cash
New Orleans City Business › December 11, 2006
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Summary
Timelines abound in the rebuilding of New Orleans.
The U.S. Army Corps of Engineers gives varying estimates of when multiple flood protection projects will be finished, hotels set reopening dates, and officials with The Road Home program estimate when homebuilding dollars will arrive.See the full content of this document
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Junk Bond Rating Prevents N.O. From Borrowing Recovery Cash
The deadlines are often missed and then reset with a new timeline.
But there is no set timeline for when the city bond rating will bounce back to investment grade, a step vital to the recovery.More than 15 months after Hurricane Kat...See the full content of this document
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