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By Alison VekshinJan. 5 (Bloomberg) -- Alaska’s general-obligation debt was boosted to AAA from AA+ by Standard & Poor’s, which cited safeguards the state has incorporated in its budget process.
The ratings company also upgraded appropriations-backed certificates of participation to AA+, second-highest, and AA, according to a statement released today.... http://www.businessweek.com/news/2012-01-05/alaska-raised-to-aaa-by-standard-poor-s-on-budget-safeguards.html
In the orb...