When the Bond Commission met last Thursday, nothing was said publicly about the precarious situation with the state’s credit rating. Behind the scenes, though, it’s a different story.
“I’ve got a conference call with them Monday,” state Treasurer John Kennedy said in an interview, after the meeting.
Prior to the governor signing the new budget into law Friday, the Jindal administration had conference calls with Moody’s, Fitch, and S&P last week, to which Kennedy was not invited. Instead, he’s remedying that presumed oversight today.