Mary Alice Curley sits in her Collingswood Book Trader in downtown Collingswood, N.J., Thursday, Sept. 15, 2011. Curley said Collingswood had a rough time in the 1980's, before the town's resurgence ... more 
Mary Alice Curley sits in her Collingswood Book Trader in downtown Collingswood, N.J., Thursday, Sept. 15, 2011. Curley said Collingswood had a rough time in the 1980's, before the town's resurgence began. Collingswood's redevelopment approach has won it praise far beyond the people who live in its quaint Victorians, shop at its Saturday farmers market or eat in its chic restaurants. Last month, Forbes magazine called the town one of the nation's 10 most transformed neighborhoods. But Moody's Investors Service this week said the town was unwise about how it financed one of its highly praised revitalization projects. Moody's lowered the borough's bond rating from investment grade to junk status — something that has happened to only a handful of the 18,000 public entities that the firm evaluates. (AP Photo/Mel Evans) less 
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Associated Press | Photo By Mel Evans
Thu, Sep 15, 2011 4:15 PM EDT