Christie's Atlantic City emergency action bad for N.J.'s other troubled cities, Moody's...

TRENTON - A Wall Street ratings agency said today that Gov. Chris Christie's installation of a financial management team to guide Atlantic City out of financial peril may hurt not only Atlantic City's credit worthiness but all of the state's financially strapped cities. The appointment of fixers indicates the state may be less willing to bail out these cities, such as Newark and Paterson, in the future, Moody's Investors Services said.

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