auction rate bonds
NJ Turnpike paying Dennis Enright $200k to get out of auction rate bonds
Posted Sun, 2008-04-20 21:46
Dennis J Enright, the prominent apologist for state toll authorities in the debate on concessions vs public tolling is being paid $200k by the New Jersey Turnpike. Enright said this at a meeting of the New Jersey Turnpike Commission when a commissioner, Clive Cummins questioned the fees being paid for refinancing $400m of auction rate bonds.
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