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Tag Archives: CNBC
Letter to CNBC
On May 2, 1988, the public school in Holt, Michigan issued a “creative” financial instrument known as a Capital Appreciation Bond. It was the first of a wave of CABs that swept over Michigan school finance Until 1987, school debt … Continue reading
Posted in CAB scams, Joel's J School
Tagged Capital appreciation bonds, CNBC, Voice of San Diego
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