Tag Archives: Schools

Disaster shadows Poway

By Joel Thurtell I thought Michigan was bad. Back in 1993, when I was writing about Michigan school debt, I was astonished to find school districts taking on debt with interest costs at two, three and in one case almost … Continue reading

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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

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