California Treasurer Bill Lockyer said he may cut off from state bond deals underwriters and advisors who worked on some of the more egregious capital appreciation bonds issued by local school districts.
Lockyer Challenges California School's CAB Advisors
OCT 17, 2012 9:28pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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