Credit agency sums up Nassau's dysfunction
Photo credit: Getty Images, 2011 | The entrance of Fitch ratings agency.
NIFA's vote on Nassau 2012 budgetGalleries
Nassau County Executive Edward Mangano
Sometimes a look through other eyes can be useful, as with Fitch Ratings, the Wall Street agency, which last week dropped Nassau County's short-term bond rating a notch and switched the county's long-term debt outlook from stable to negative.
This is not good. But it's far from Nassau's worst, which came a decade ago when bond-rating agencies -- and remember Fitch is one of three -- hammered...
