Politics

L.A. downgraded by Standard & Poor's

The city's lower credit rating, while expected, "will almost assuredly increase the city’s cost for borrowing money," says the L.A. Times. The rating goes from AA to AA-.

* Some perspective: From Mark Lacter.

Add City Hall: The City Attorney's office filed for nuisance injunctions against several companies that put up supergraphic signs around town, seeking millions in penalties.


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