California Delays Payments, Ponders IOUs Again, Demands 80% of Income Tax Paid Before It’s Even Earned
February 26th, 2010
” Tactics in California to shore up its municipal bond rating are quite humorous. Supposedly, by delaying payments to schools, California can boost confidence in its bonds”
Go to Source
Related posts:
- MGIC Delays Interest Payments for 10 Years
- Banks’ plan to refuse California IOUs causes a stir
- San Carlos California Ponders Dissolving Police Department, Outsourcing Duties; Redwood City Mayor says "It’s the Wave of the Future"
- California may bar city bankruptcies
- California is a Week Away from IOUs
Posted in Implode