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This page contains a single entry from the blog posted on August 18, 2010 11:54 AM. The previous post in this blog was Tri-Met hides ball on local taxes for Milwaukie MAX. The next post in this blog is Tell me what you see. Many more can be found on the main index page or by looking through the archives.

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Wednesday, August 18, 2010

SEC going after fraud in muni bond offerings

New Jersey is reportedly the first state government ever to be accused of securities fraud -- but surely not the last. The problem? It had to do with funding the government employees' pensions.

Comments (1)

Lucky for our local pols that fiscal boneheadedness and magical thinking aren't illegal (yet), or the SEC would have been all over Portland eons ago.




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