Financial Pros Visiting ME Impressed with Gov. LePage
Report from Maine
August 8, 2012
David R. Kotok
This year’s gathering...in Grand Lake Stream, ME...brought together financial market professionals, economists, traders, academics, Fed advisors.
A highlight...was a...visit by...Paul LePage.
I was particularly impressed by his commitment to manage [Maine]’s debt, reduce debt ratios, pay Maine’s bills in full, and operate its government with a business-like approach.
Maine is a very good muni credit and likely to get better.
[LePage] vows that his state will not be like Illinois.
David R. Kotok, Chairman and Chief Investment Officer