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Daily Archives: August 27, 2012
Michigan CABs and the ‘Big Graphic’
MICHIGAN SCHOOLS LOAD THE FUTURE WITH DEBT By Joel Thurtell April 5, 1993 was doomsday for Capital Appreciation Bonds in Michigan. On that day, the Detroit Free Press exposed the horrendously bad deal almost 100 Michigan school districts had dished … Continue reading
Posted in CAB scams, Muni bonds
Tagged CABs, California, Capital appreciation bonds, Michigan, school finance
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Dayton & CABs
By Joel Thurtell Thanks to Kevin Dayton for his latest post on California CABs. What Michigan did by banning CABs in 1994 is relevant to what’s been happening in California with school CAB debt since at least 2000. A Detroit … Continue reading
Posted in CAB scams
Tagged California, Capital appreciation bonds, Michigan, school finance
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Me & Jimmy
By Joel Thurtell Joelontheroad.com had its debut on Sunday, December 9, 2007, the same day I was featured on E! Entertainment as an “expert” on labor history and the disappearance of Jimmy Hoffa on E! Hoffa show. Two years later, … Continue reading
