Finestone, Deborah; Newman, Emily; Siegels, Gary E.
April 2003
Bond Buyer;4/4/2003, Vol. 344 Issue 31608, p2
Trade Publication
Presents several news briefs related to public finance in the U.S. as of April 4, 2003. In light of a recent court decision involving cigarette maker Philip Morris USA Inc., California officially postponed its $2.3 billion tobacco settlement securitization deal tentatively slated for April 15. First-time applications for state unemployment benefits rose 38,000 to 445,000 in the week ended March 29, according to data released by the Labor Department California Controller Steve Westly has said the state may issue between $4 billion and $11 billion in warrants this year.


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