Former Gulf Breeze mayor gave bond money widely

Former Gulf Breeze mayor gave bond money widely
The contributions, from Capital Trust Agency and Gulf Breeze Financial Services, were widely distributed, with thousands spent on everything from Blue Wahoos' season tickets to the Florida State University Seminole Booster Club, even hundreds of …
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Feds Not Riding to Puerto Rico Rescue Echoes Playbook on Detroit
While Puerto Rico's debt is tax-exempt and was once popular among traditional buyers of municipal bonds such as mutual funds, its financial troubles are pushing more of the securities into the hands of alternative asset managers and distressed buyers …
Read more on Bloomberg

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