Tag "Federal Reserve"

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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

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California 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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