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: The Magic City Harvard Lawyer

Florida?s $14 Billion Investment Pool For Local Governments Is The Latest Casualty Of The Subprime Crisis

By Jared Beck

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This report shows the gravity of the current subprime crisis, which has effectively shut down a $14 billion investment pool relied on by Florida towns and school districts for their routine expenditures.  Apparently, 14% of the fund was placed in troubled investments, causing local governments to try to get their money out at the same [...]

Full post as published by The Magic City Harvard Lawyer on December 04, 2007 (boomark / email).

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