Regional News
Battles Between California and Redevelopment Successor Agencies Continue
Monday, December 24, 2012
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Some California cities and counties acting as the successor agencies to their former redevelopment agencies defied last Friday’s deadline to hand over millions of dollars to the state.

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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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