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Administrator of Insolvent Inglewood, Calif. School District Resigns
by: Keeley Webster
Monday, December 10, 2012
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The recently appointed administrator of an insolvent Southern California school district, resigned after state officials learned he overstepped his authority by making tentative agreements with the teacher's union.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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