TITLE

LGAC Votes to Block $2.6B N.Y.C. MAC Deal

AUTHOR(S)
Braun, Martin Z.
PUB. DATE
August 2003
SOURCE
Bond Buyer;8/07/2003, Vol. 345 Issue 31694, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that the New York Local Government Assistance Corp. (LGAC) has unanimously voted to block the controversial multi-billion dollar refinancing of debt issued during New York City's fiscal crisis in the mid-1970s. Resolution approved by the LGAC board; Provisions of the resolution; Member of the board.
ACCESSION #
10529275

 

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