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A collection of news and information related to Ratings published by this site and its partners.

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  • Bob Hope gets credit rating warning

    Bob Hope gets credit rating warning
    Bob Hope Airport received a warning this week that its credit rating is likely to suffer if it issues bonds to cover most of the construction costs for its proposed $120-million transit center.
  • Credit rating agency uneasy about Bob Hope Airport transit center

    Credit rating agency uneasy about Bob Hope Airport transit center
    The credit rating agency Fitch this week warned that a planned $90-million transit center could significantly increase Bob Hope Airport's debt burden. In maintaining its AA- rating for the Burbank-Glendale-Pasadena Airport Authority, the agency warned...

    Airport is 'a good steward of public funds'

    In the June 4 print versions of the Burbank Leader and Glendale News-Press, the sub-headline said Fitch “questioned” the Burbank-Glendale-Pasadena Airport Authority’s proposed use of bonds for the transportation center (“Airport...

    Ron Kaye: Empty desks, a new way of life

    The email from Moody's credit rating service that popped up on my computer screen boggled my mind: Glendale was among 40 California cities that were downgraded or are facing downgrades, but Los Angeles and San Francisco could get upgrades. I'm an old...

    Ron Kaye: The restructuring of GWP

    Like dominoes tipping over, one after another, cities — first Vallejo, now San Bernardino, next Compton — are seeking relief from their fiscal incompetence and reckless irresponsibility by hiding behind bankruptcy laws that leave creditors and...