Monday, February 9, 2009

Bond Ratings Have Not Been Affected By Ceded Lands Case

Attorney General Mark has said that the Hawai'i Supreme Court's landmark January 31, 2008, ruling, that the State of Hawai'i could not selling ceded lands until the unrelinquished claims of Native Hawaiians are resolved have affected the state's financial situation. He has specifically suggested that the state's bond ratings have been negatively affected. Below is a table of the State's bond ratings from three bond rating firms. The table covers the years between 2003 and 2008.








YEAR S & P Moody'sFitch
2008 AA Aa2 AA
2007 AA Aa2 AA
2006 AA- Aa2 AA
2005 AA- Aa2 AA-
2004 AA- Aa3 AA-
2003 AA- Aa3 AA-

By clicking on each individual year, you will be taken to an individual News Release from the Governor's Office acknowledging the bond ratings.



In other news, we're now listed at http://hawaii.alltop.com. I met Guy Kawasaki last year when he spoke to law students, MBA students, and engineering students last year who were enrolled in the law school's High Growth Entrepreneurship class. Guy's book, The Art of the Start is nothing short of awesome, and I highly recommend it to all who are considering their own start-up, working for or with a start-up or just interested in start-ups.

Anyway, check out alltop.com

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