The Verifiable Truth: Moody's downgraded Credit Rating of MotorCity Casino's parent three times in ten months

Friday, January 30, 2009

Moody's downgraded Credit Rating of MotorCity Casino's parent three times in ten months

Moody's Investor Service

Issuer: CCM Merger, Inc.
Long Term Corporate Family Credit Ratings History

Moody's has been forced to downgrade the Corporate Credit Ratings of CCM Merger, Inc., parent company of MotorCity Casino, three times in the last ten months. The ratings have slid from B1 t0 B2 to B3 to Caa1 all in less than a year.

No comments:

TVT has welcomed more than 178,000 unique vistors

TVT, founded in December 2006, has averaged more than 20,000 visitors annually. It is produced with the support of scores of individuals from coast-to-coast, each a volunteer citizen activist/jounalist, who review tips and compile the verifiable details and documents that are the hallmark of our content.

Since our first post, more than 178,000 visitors have accessed the details compiled uniquely at TVT.

The citizen activists behind TVT wish to extened a big "THANK YOU" to all those who have provided "tips" -- contributed pictures, documents, link suggestions, leads, reports, insight and comments. Your trust and confidence in TVT has allowed us to create a comprehensive resource that thousands of others -- including bloggers, journalists, Members of Congress and other local citizen activists around the country -- have come to rely upon.

We invite feedback and constructive comment and want you to know you are welcome to do that here in "comments" or by contacting us directly and confidentially via allverifiable@gmail.com

The Verifiable Truth

Friday, January 30, 2009

Moody's downgraded Credit Rating of MotorCity Casino's parent three times in ten months

No comments:

TVT has welcomed more than 178,000 unique vistors

Google News: Indian Gaming

NEWS: Bay Mills Indian Community & Casino Proposals

NEWS: Shinnecock Indian Nation (Gateway Casino Resorts) Casino Proposals

NY Times: Shinnecock Indian Nation

NEWS: Los Coyotes Indian Tribe

NEWS: Los Coyotes / Barwest Barstow Casino Proposals

NEWS: Michael J. Malik, Sr.

NEWS: Marian Ilitch

Muckety.com: Mapping Social Networks

certainly must reads!

NIGC Reading Room Links

The Verifiable Truth