Relevant:
- Armageddon in Alabama Proves Parable for Local U.S. Governments
- As China Reduces Local Spending, Cities Woo Private Investors
- Goldman Sachs and a Sale Gone Horribly Awry (Dragon Systems)
- Predatory Lending Contracts Cost African-Americans Billions Of Dollars
- More U.S. cities set to enter default danger zone
2009-11-24 — creditwritedowns.com
" Across the nation, local governments and related public entities, already reeling from the recession, face another fiscal crisis: billions of dollars in fees owed to UBS, Goldman Sachs (GS), and other financial giants on investment deals gone wrong."
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