Fitch

New Jersey Credit Rating Downgraded for 2nd Time This Week, Record 8th Time on Christie's Watch

New Jersey Credit Rating Downgraded for 2nd Time This Week, Record 8th Time on Christie's Watch
Five days ago, Christie hit the kind of record that does not presidents make. Washington Post had it: New Jersey's credit rating has been downgraded more under Chris Christie than any other governor. And that was just the seventh time. Wall Street hit New Jersey again yesterday, as both Fitch and Standard & Poor's cited the same kind of issues for their lack of confidence in the state's direction under Christie. Not exactly the kind of record you want to build on.
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