Chicago's Emanuel Heads to Wall Street After Deal Postponed

  • Mayor is meeting with credit rating companies in New York
  • Trip comes days after Chicago schools delayed $875m bond deal

Chicago Mayor Rahm Emanuel traveled to New York to meet with credit-rating companies after the city’s school district was hit by a third downgrade in a span of 15 days and didn’t complete a $875 million bond sale last week as its finances deteriorate.

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