Christie Says He Wouldn’t Make Atlantic City’s Debt Payments

Updated on
  • Governor says he expects stalled rescue legislation to pass
  • Credit-ratings companies warn about New Jersey's actions

New Jersey Governor Chris Christie said he won’t step in to help Atlantic City avert a default on its May bond payment as the distressed gambling hub runs out of money and a takeover bill remains stalled in the state Assembly.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.