The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Peter V who wrote (214852)	8/9/2009 11:28:52 AM
From: DebtBomb	Read Replies (1) of 306849

Bailout bubble green-shoots....Alabama must borrow to pay jobless Posted by David White -- Birmingham News August 08, 2009 7:54 AM The plunge in assets held by the Alabama unemployment compensation trust fund has been swift. It held $309.7 million on Dec. 31. (Associated Press)MONTGOMERY -- The state of Alabama next month will have to borrow at least $40 million from the federal government to keep its unemployment compensation trust fund from running out of money, state officials said Friday. The state also expects to borrow an undetermined amount for the trust fund in October through April, when unemployment taxes paid by employers will be due. blog.al.com

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