Look at the Debt, Like Makeup, About Bonds Blog

Look at the Debt, Like Makeup

Posted by James Breen at 26 August 2008 16:48

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The winner of the exchange traded trust (ETF) activity has jammed the eye of a long time player in the closed end trust industry. Eaton Vance Corp. has apparently been talking to consultants about the possibility of active and passive ETFs, hearsay Fund Action newsletter. Bond giant Pacific Investment Management Company has just filed for a line of connect ETFs, possibly site off the sparks for the fascinate. Lower-than-likely third-lodge investment wages are also assumed as a.

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The state Treasury Department will not issue bonds to resolve debt owed by the Pollution Control Financing Authority, officials said Wednesday. PCFA officials are confident, however, that the state will make cash payments every six months to the agency's creditors. The PCFA, which operates the landfill in White Township and paid to construct the incinerator in Oxford Township, owes money on both facilities. The Treasury Department had promised to pay off the PCFA's debt through bonds, but cannot do that because of a court decision that does not allow for bonding without voter approval.

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