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Daily Archives: May 8, 2012
CABs and the high cost of secret deals
By Joel Thurtell If you want the best price, bid the work out. That’s a no-brainer, right? Well, the people who love high-interest Capital Appreciation Bonds also love making their deals behind the scenes. Why allow competitive bidding when you … Continue reading
Posted in CAB scams, Muni bonds
Tagged California, Capital appreciation bonds, finance, Michigan, Schools
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