Capital Appreciation Bonds

Houston Chronicle – How Does a Capital Appreciation Bond Work?

Forbes – A Trillion Dollar Tax Increase That Republicans And Obama Should Agree To

Dallas News – Texas legislators to consider banning controversial bonds

Dallas Morning News – Senate approves limits on schools’ use of controversial bonds

Statesman – Fast-growth districts chided for use of controversial borrowing

LA Times – Gov. Brown signs law limiting risky capital appreciation school bonds

Texas Tribune – Swelling Districts Find Costly Way to Grow Campuses

Texas Comptroller: Approach capital appreciation bonds with caution

California Policy Center – Capital Appreciation Bonds: Disturbing Repayment Terms (Section 5 of 9)

Community college districts’ bonds inflate taxpayers’ repayments

San Diego Free Press – Buy Now Pay Later: How San Diego School Districts Were Hoodwinked by Wall Street

Next City – What U.S. Cities Can Learn From Puerto Rico’s Crisis

NPR – School District Owes $1 Billion On $100 Million Loan

Truth Out – Swimming With the Sharks: Goldman Sachs, School Districts and Capital Appreciation Bonds

New American – Capital Appreciation Bonds: Delaying the Inevitable

Reuters – California law on capital appreciation bonds mostly positive-Fitch

Orange County Register – Bond borrowing to cost local school districts $2 billion

Democracy Now – Puerto Rico’s Payday Loans: The Shocking Story Behind Wall Street’s Role in Debt Crisis

Roosevelt Institute – Debts Not Payable: Puerto Rico’s Payday Loan Crisis

In these times – Puerto Rico Can’t—And Shouldn’t—Pay Its Debts Just to Enrich Wall Street Profiteers

Alternet – How Wall Street’s Greedy Tentacles Sank Into Schools, Trapping Them in Massive Debts

Pro publica – How Wall Street Tobacco Deals Left States With Billions in Toxic Debt

%d bloggers like this: