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School bond campaign reform sought
When the Garden Grove Unified School District was preparing to seek voter approval for a $250-million bond measure, it hired a securities broker to play a key role in the campaign. State law bars school districts from spending money to influence the...
Tags: Politics, Government, Human Interest, Political Fundraising, Economy, Business and Finance
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Obama Proposes Student Loan Reform
Federally-subsidized student loan interest rates are set to double in one month, and President Barack Obama on Friday pressured Congress to keep those rates low for millions of college students. The federal Stafford student loan interest rate is 3.4...Tags: Joe Courtney, U.S. Consumer Financial Protection Bureau, Politics, Newington, Barack Obama
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Escalating cost of SD veterans home forces special session
The old saying about a rock and a hard place seems to apply to the escalating costs expected for building a new State Veterans Home at Hot Springs. Just three months after the Legislature approved $6.6 million in additional spending, Gov. Dennis...Tags: U.S. Department of Veterans Affairs, Nursing, Medical Specialization, Government, Politics
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Tinley Park refinancing 2010 bonds to save $600,000
Across the country, federal budget cuts implemented as part of the sequester are causing problems for a variety of public agencies. But in Tinley Park, the government's inability to reach an agreement on contentious spending issues has brought an...
Tags: Personal Finance, Internal Revenue Service, Barack Obama, Finance, Economy, Business and Finance
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Citi settles Fannie and Freddie claims over mortgage bond losses
Citigroup Inc. has become the second financial giant to settle a regulator's lawsuits over questionable mortgage bonds sold to taxpayer-owned Fannie Mae and Freddie Mac during the housing bubble. The agreement, disclosed Tuesday, is the second reached...
Tags: Laws, Justice System, Morgan Stanley Dean Witter & Company, General Electric Company, Economy, Business and Finance
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T. Rowe Price, Legg Mason offering up ultrashort-term bond funds
Baltimore's two major mutual fund companies have joined a small but growing number of investment firms offering ultrashort-term bond funds, which may become an alternative to the traditional money market fund. The T. Rowe Price Ultra Short-Term Bond...
Tags: U.S. Securities and Exchange Commission, Mutual Funds, Credit Ratings, Money and Monetary Policy, Legg Mason, Inc.
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Bondholders spark U.S. legal drama over Argentine debt
Collection agencies profit by buying up old debt, chasing borrowers for payment and, when all else fails, using the courts to recover as much as they can. It's a business model polished and perfected over decades of litigation. But what if the...
Tags: Justice System, Al Gore, Judges, Ghana, Economy, Business and Finance
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Who takes hit in city bankruptcies: bondholders or workers?
The municipal-debt market has always rested on a simple notion — that local governments would do whatever they must to repay borrowed money. Cities wouldn't want to default on their bonds, some of which are owned by their own citizens. And they...
Tags: Bankruptcy, California Public Employees' Retirement System, Politics, Assured Guaranty Limited, Economy, Business and Finance
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Oklahoma's tornado and political cheap shots
It's as predictable as it is disheartening: A red state gets hit hard by a tornado outbreak -- in this case killing at least 24 people, many of them children attending school -- and the first batch of letters from readers (most of them from Southern...
Tags: Politics, Tea Party Movement, Barack Obama, Natural Disasters, Ron Paul
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$1 billion for new city schools: From non-starter to law
Baltimore schools chief Andrés Alonso went to Annapolis last year seeking approval for a bold $2 billion plan to replace many of the city system's crumbling buildings. The idea didn't even make it out of committee. Prospects still looked bleak in...
Tags: Justice System, Stephanie Rawlings-Blake, Thomas V. Mike Miller, Politics, Government
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Buchanan school projects go forward
South Bend Tribune CorrespondentBUCHANAN -- Work has started on making $14.9 million worth of improvements to Buchanan schools, but it may be a while before people see many changes, such as putting walls in the classrooms at Buchanan Middle School. Voters approved the $14.9 million... -
GOP may seek to tie debt ceiling deal to tax code changes
WASHINGTON — In a little more than a week, the U.S. will hit its debt limit — and the maneuvering has begun against a backdrop of the mid-2011 drama that led to the nation's first-ever credit downgrade. An improving economy and higher taxes,...Tags: U.S. Department of the Treasury, Politics, Tom McClintock, Barack Obama, Financial and Business Services
Jun 2, 2013
|Story| Los Angeles Times
May 31, 2013
|Story| Hartford Courant
May 28, 2013
|Story| Aberdeen News
May 29, 2013
|Story| Chicago Tribune
May 29, 2013
|Story| Los Angeles Times
May 28, 2013
|Story| Baltimore Sun
May 27, 2013
|Story| Los Angeles Times
May 27, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| Baltimore Sun
May 25, 2013
|Story| South Bend Tribune
May 9, 2013
|Story| Los Angeles Times
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