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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (157128)10/14/2008 1:39:37 PM
From: The ReaperRead Replies (2) of 306849
 
Just read that California is shopping a $4B muni offering with a 5.5% coupon. Moody's is giving it it's highest rating. I wonder how that is possible with CA the shape that it's in? 5.5% tax-free. They should wait until Obama is president. Once the tax increases are more evident, CA would have an easier time selling it.
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