News & Public Affairs12/05/07 Mitch E. Perry
WMNF Drive-Time News Wednesday Listen to this entire show:
Hillsborough commmisioners today directed financial planners to review the county's options in the wake of sell-offs of the state-run investment fund.
In just the last month, nervous local government who used the fund for short-term investments of their operating cash began withdrawing funds after reports that about $2-billion in notes backed by subprime mortgages had been downgraded, reducing the balance of the fund from $26-billion to $14-billion.
Hillsborough County is one of the big...Be the first to comment