Regional News
Rhode Island Pension Legal Stance Divides Gov., Treasurer
Thursday, December 6, 2012
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Gov. Lincoln Chafee suggests settlement talks with unions over the landmark pension overhaul law, while Treasurer Gina Raimondo wants the state to stand firm.

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Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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