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Archive - Dec 25, 2010 - News Article

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City's bond rating downgraded 2 notches

December 25, 2010

PAWTUCKET—Casting a Grinch-like mood over City Hall, Fitch Ratings announced Wednesday that is has downgraded Pawtucket's general obligation bonds by two notches and has removed the city's rating from a “watch” status to a “negative rating outlook.”
The downgrade to “BBB-” from “BBB+” affects three categories of general obligation bonds: $6.38 million, series 2001; $3.46 million refunding bonds, series 2002B; and $11.05 million, series 2005. The new bond rate is just one notch away from “junk bond status.”

CHRISTMAS RAPPING -- Santa to the Stars has own YouTube video

December 25, 2010

PAWTUCKET — “Santa to the Stars” Brady White is now a screen star in his own right with a new music video that is appearing on YouTube.
Called “Santa's Wrap,” the video features the Pawtucket resident performing a rap-style song that he wrote himself. Since it made its debut earlier this month, “Santa's Wrap” has garnered over 31,000 hits on the Internet video site. The easiest way to access the video is by looking up “Santa's Wrap” on Google or by visiting YouTube and searching “Santa's Wrap.”

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