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IPFS News Link • Economy - Economics USA

California school districts face huge debt on risky bonds

12-06-2012 • Los Angeles Times

About 200 districts have borrowed Billions of dollars using so-called capital appreciation bonds. Districts may have to pay 10 to 20 times the amount borrowed saddled them with staggering debt.

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Reported By Powell Gammill

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California school districts face huge debt on risky bonds

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