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California's Bond Rating

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With the recent downgrading of California’s bond rating, Forum assesses what the lowered rating portends and contrasts the state’s rating to the rest of the nation.

Guests:

Kim Reuben, research fellow at the Public Policy Institute of California

Steve Peace, director of the California Department of Finance

Marilyn Cohen, president and portfolio manager of Envision Capital Management and author of "The Bond Bible"

David Hitchcock, director and California analyst for Standard and Poors

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