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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (35536)	8/18/2005 11:14:25 AM
From: PAST	Read Replies (1) of 116555

Did you see this? Like father, like son? quote.bloomberg.com Court Tells New Jersey Borrowed Money Isn't Income: Joe Mysak Aug. 17 (Bloomberg) -- Even in New Jersey, where creative financing can lead to indictments, you can't count borrowed money as income. That's what New Jersey Superior Court Judge Linda Feinberg ruled last week, in a challenge to the state's plan to sell bonds backed by the state's share of the 1998 settlement with the tobacco industry and use $150 million of the proceeds for its budget. ... [More at link above.]

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