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But one market that regulators were deeply concerned about when Bear hit the wall -- the one for unregulated over-the-counter derivatives called credit default swaps -- has defied fears of a meltdown.
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Whoever wins a spot on the Kenosha Unified School Board in April will face one of the district’s biggest challenges — how to fix the collateralized debt obligation investment that has lost about $36 million of its value.
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remember, those with the money control the dialogue...
Actually, I think the PP School Commission/Mike Polocoff did a nice job of getting the information from credible (impartial) sources. Piper Jaffray's report was then properly conveyed to the public through a couple public meetings.
No way PP has more $$$$ than KUSD, but they held their ground here. The school commissioners were thrown in front of the moving train and did a great job of jumping on, slowing it down, and giving it the proper direction. Their evolution is crucial moving forward in the Village.
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