Dick Larkin's Palm Beach Post Weekly Column:MUNICIPAL BOND RATINGS SIMPLIFIED—PART 4

Dick Larkin
Director of Credit Analysis
Stoever Glass & Co., Inc.
P: (862) 432-8818
E: dlarkin@stoeverglass.com

There are strengths and flaws in the municipal bond rating process. Rating committee votes are only counted by experienced analysts, generally with at least three years of experience. Also, minimum voting members usually number at least three; this helps insure that there is no collusion with issuers, and that ratings are independently determined.

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01/21/2017 | There are strengths and flaws in the municipal bond rating process. Rating committee votes are only counted by experienced analysts, generally with at least three years of experience.
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