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:: Thursday, January 08, 2004 ::

Governor uses the 'B' word:
"If a chief executive officer warned that his company might go bankrupt, its stock price would plummet. But California bond prices were unaffected by Gov. Arnold Schwarzenegger's repeated warnings Tuesday night that California could go bankrupt in June if voters don't approve a $15 billion bond measure in March.

One reason: States cannot file for bankruptcy. "

:: Jim Nichols 1/08/2004 03:35:00 PM [+] ::
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