And another one - Goldman Sachs Group Inc. investment management co-head Peter Kraus is leaving after his division's Global Alpha hedge fund suffered a 40 percent drop last year.
Issuers are pushing for change after municipal bonds fell 4.9 percent last month, the most since Merrill Lynch & Co. started compiling the index in 1989. California, with the second-lowest credit ratings among U.S. states after Louisiana, sold bonds today at yields ranging from 2.85 percent on debt due in two years to 5.40 percent on securities maturing in 2038.
Very good Muni news and updates
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13 years ago
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