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IOUs from California are on their way - San Jose Mercury News

July 2nd, 2009 · No Comments


Washington Post
IOUs from California are on their way
San Jose Mercury News
SACRAMENTO — With its bank balance careening toward zero, California began sending tens of thousands of IOUs to its creditors on Thursday, the latest black eye for the state and its broken budget system. Nearly 30000 IOUs began rolling
California turns to 'IOUs' amid budget impasseReuters
California ready to issue iousLos Angeles Times
CORRECT: Calif Sets 3.75% Rate For July IOUs, Oct 2 MaturityWall Street Journal
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