Randolph Kinney
Elite Member
- Joined
- Apr 7, 2005
- Professional Status
- Retired Appraiser
- State
- North Carolina
Bankruptcies spur states to help muni bondholders
California, Rhode Island, other states protecting investors
http://www.marketwatch.com/story/ba...help-muni-bondholders-2011-10-14?siteid=nwhpm
Earlier this week, California Gov. Jerry Brown signed legislation changing how cities and counties may file for Chapter 9. That was in reaction to the 2008 bankruptcy filing by the city of Vallejo, Calif.
California, Rhode Island, other states protecting investors
http://www.marketwatch.com/story/ba...help-muni-bondholders-2011-10-14?siteid=nwhpm
Earlier this week, California Gov. Jerry Brown signed legislation changing how cities and counties may file for Chapter 9. That was in reaction to the 2008 bankruptcy filing by the city of Vallejo, Calif.
