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Corporate & Securities Law

: Representing Investors

Morgan Keegan?s Bond Derivative Deals Backfire For Many Municipalities

By Keith Griffin

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When the small town of Lewisburg, Tennessee, needed help paying the interest on a bond for new sewers, officials thought investment firm Morgan Keegan had the answers. Little did they know that the advice and the poorly conceived municipal bond derivative deal Morgan Keegan came up with eventually would mean millions of dollars in unanticipated [...]

Full post as published by Representing Investors on April 09, 2009 (boomark / email).

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