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Not Even 2% Fed Funds Help Munis Amid Record Rates (Update2

 
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Zarephath
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PostPosted: Thu Aug 07, 2008 11:10 pm    Post subject: Not Even 2% Fed Funds Help Munis Amid Record Rates (Update2 Reply with quote

<table border=0 width= valign=top cellpadding=2 cellspacing=7><tr><td valign=top class=j><font style="font-size:85%;font-family:arial,sans-serif"><br><div style="padding-top:0.8em;"><img alt="" height="1" width="1"></div><div class=lh><a href="http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601109%26sid%3Da2xU6iexvH1E%26refer%3Dhome&cid=1234486105&ei=3YCbSLOcG4P0-gHdzPXsBA&usg=AFQjCNE6a8fmaMfO8FGmTfAN6MhK5FGwJw">Not Even 2% Fed Funds <b>Help</b> Munis Amid Record Rates (Update2)</a><br><font size=-1><font color=#6f6f6f>Bloomberg&nbsp;-</font> <nobr>3 hours ago</nobr></font><br><font size=-1>The college has been unable to persuade a bank to put up a letter of <b>credit</b> that would guarantee the bonds from default and <b>help</b> lower rates, <b>...</b></font></div></font></td></tr></table>

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