"In other words, Chicago’s finance team came to market with the bond deal and didn’t like the price that municipal markets were telling them they’d have to pay. Instead, they decided to defer the issuance, betting that they could get a better price in the future. That kind of bet is not generally a good idea."
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David F
1 month ago

Chicago Bankruptcy NOW!

Mark F
1 month ago

What’s ironic here is that to get lower interest rates Democrats would have to support a lot of Trump’s economic ideas. Unfortunately Democrats would sooner screw over taxpayers than support anything Trump is doing.

Leaving Soon, just not soon enough
1 month ago

It does not cost any of the public sector workers anything to be wrong, but it costs the taxpayers dearly.

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