Cezary Podkul
Author
LATEST
How Wall Street Tobacco Deals Left States With Billions in Toxic Debt
Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.
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How Wall Street Tobacco Deals Left States With Billions in Toxic Debt
Politicians wanted upfront cash from a legal victory over Big Tobacco, and bankers happily obliged. The price? A handful of states promised to repay $64 billion on just $3 billion advanced.
|