About

This page contains a single entry from the blog posted on December 4, 2007 5:11 AM. The previous post in this blog was Silly fur-creature. The next post in this blog is Those darn bloggers are at it again. Many more can be found on the main index page or by looking through the archives.

E-mail, Feeds, 'n' Stuff

E-mail me


[What is this?]

GeoURL

Personal blogs







« Silly fur-creature | Main | Those darn bloggers are at it again »

Tuesday, December 4, 2007

Tax dollars disappearing

Wow, the crisis in the debt markets is adversely affecting local governments from Florida to Norway. So many taxpayer investments have gone sour. Are there government entities in Oregon in the same boat? I haven't heard that there are, but despite my general belief in miracles, I doubt that all the political subdivisions around the state are going to get away unscathed.

Posted at 5:11 AM | Bookmark and Share

Comments (6)

Sheeesh! Please don't tell Teddy and the P Team as they need a good surprise.

And its gonna be a dandy!

Posted by Abe | December 4, 2007 6:42 AM

If we find out, it wont be until the deal is totally beyond redemption. Finance managers work the same in the public/private sector and like to hide their mistakes.

Posted by Steve | December 4, 2007 7:27 AM

Unlike the private sector, however, I think that the government investment managers are obligated to respond to FOIA requests.

Posted by Dave J. | December 4, 2007 8:42 AM

$afe and $ound
Are you disappointed?
http://wweek.com/editorial/3404/10076/

Posted by Bushrod | December 6, 2007 9:29 AM

The fact that they're not in SIVs doesn't necessarily mean they're not being pounded by subprime and its fallout. Carefully worded denials don't do much for me.

Posted by Jack Bog | December 6, 2007 2:07 PM




Clicky Web Analytics