Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,833
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

Keyword: deficitbonds

Brevity: Headers | « Text »
  • Bond's victory may spell boon for investment banks (Prop 57)

    03/04/2004 12:00:16 PM PST · by NormsRevenge · 2 replies · 161+ views
    Sac Bee ^ | 3/4/04 | Jim Evans
    <p>Investment banks are poised to make a killing off California's fiscal crisis after voters Tuesday approved an unprecedented plan to sell $15 billion in deficit bonds.</p> <p>The bond offering - which will be the largest issuance of municipal bonds in U.S. history - was put before voters by Gov. Arnold Schwarzenegger and the Legislature in part to cover a multibillion-dollar budget gap with debt to be paid back over the next decade.</p>