Retrospective and Overview
Moody’s Mood: California’s Rating debt was lowered by Moody’s Investors Service, as a record $ 34.6 billion budget deficit. Moody’s lowered California’s $ 21.9 billion in debt to the general obligation of Al-A2 - in line with the ratings, Standard & Poor’s and Fitch. California is tied with Louisiana for the lowest grade credit. Lower Austria can Ratings cut the value of debt and existing loans future lay costs.Nominations for the Oscars: Miramax seized three of the five best images nominations for the 75th Academy Awards: “Chicago”, “Gangs of New York” and “The Hours”, which was a co-production with Paramount. The other two nominations for best film from New Line’s “The Lord of the Rings: The Two Towers” and Focus Features “The Pianist.” Miramax, a unit of Walt Disney Co., led a total of 38 nominations, including 13 for “Chicago” and 10 for “Gangs of New York”. This year, Miramax
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