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Subject:  River Rock article Date:  3/31/2012  11:01 PM
Author:  folgore Number:  33955 of 36218

Basically what persistone stated two weeks ago about River Rock "going dark" and not providing regular financial data to the feds. The article points out that because of this, rating agencies like Moody's and S&P will no longer rate them, making it difficult to raise money for some expansion projects they were planning prior to the start of the recession in 2008.

Right now, they're just trying to survive the recession. When the California economy really begins to look up, however, I think they'll probably resume giving regular data to the gov't in order to pave the way for future borrowing.
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