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After gamble backfires, L.A. demands refund from banks
In the San Francisco Bay area, public transit riders are paying $104 million in higher rider fees to cover the cost of exotic financial insurance known as an interest rate swap. In Detroit, the inability of the city to
Read MoreCalifornia Budget Gap Grows
John Seiler: Wayne Lusvardi contributed the following: Where’s Waldo in the Western U.S.? Take a look at the bar graph below, excerpted from the San Francisco Federal Reserve website. The graph shows in the blue bars the percent of budget
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