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» Not a risk factor from dustbury.com
The state of Illinois had scheduled a bond issue for today, and Paul Kedrosky notes a last-minute addendum to the offering document:
Notice is hereby given that Governor Rod R. Blagojevich was arrested and taken into federal custody on Tuesday, Decemb... [Read More]
LOL: "None of the allegations have any relationship to or impact on the State of Illinois' cash position, the need for short-term financing, or the ability of the State to repay the short-term financing"
...except that we are now selling $500,000 fewer worth of bonds due to expected monies from the sale of a vacated Senate seat ..
LOL: "None of the allegations have any relationship to or impact on the State of Illinois' cash position, the need for short-term financing, or the ability of the State to repay the short-term financing"
...except that we are now selling $500,000 fewer worth of bonds due to expected monies from the sale of a vacated Senate seat ..