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IPFS News Link • Education: Government Schools

Florida School Fund Faces Bankruptcy Over ABCP

11-28-2007 • Mike

Florida local governments and school districts pulled $8 billion out of a state-run investment pool, or 30 percent of its assets, after learning that the money-market fund contained more than $700 million of defaulted debt. Should the withdrawals con

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Reported By Mike Shedlock

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