Monday, July 22, 2013

GAHAN SCREWS UP AGAIN.....

It was recently reported: but NOT very publicly, that Rural/Metro Ambulance service missed the interest payment that was due last Monday on a 2013 bond issue.

This follows an industry report from Moody's Investor's Service on May 30 when they downgraded Rural/Metro's credit rating to junk status.

Moody's also increased their probability of default.

Gahan SCREWS up again.....