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Tag Archives: Capital appreciation bonds
Michigan killed CABs; California can do it, too!
By Joel Thurtell Note: The Michigan Legislature banned CABs in 1994, not 1993. California public schools and the taxpayers who support them are facing a financial disaster that could force some — maybe many — … Continue reading
Posted in CAB scams, Muni bonds
Tagged CAB, Capital appreciation bonds, Municipal bonds, school finance
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Muni bomb ticks in California
By Joel Thurtell I was sipping coffee and reflecting on the ignorance displayed for all the world to read in a New York Times article. It was January 9, 2009. The Times story claimed to offer “a rare glimpse into … Continue reading
