More On Those California IOU's
As mentioned last Thursday, the State of California has started issuing IOU's in place of cash as a result of a political impasse in Sacramento. One commenter here chastised …
Tag: California IOU’s
TARP Banks Begin To Accept California IOU's
It appears that the question of whether the federal government is going to bail out the state of California has been rendered moot. Two large banks have announced that …