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    California sells $5 billion in short-term bonds
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    Folsom resident Jay O'Brien said he bought $15,000 in RANs on Wednesday, enticed by their tax-free returns and government-backed security. "It's a good deal ... I look at it like this: If the state of California goes away, I'll have a lot more to worry about than getting my money back." Still, some potential investors such as Mike Garcia of Elk Grove concluded that the state's RAN rules were "too much of a hassle." Full Article at Sacramento Bee
    It's a good deal ... I look at it like this: If the state of California goes away, I'll have a lot more to worry about than getting my money back.
    SOURCE: Sacramento Bee 14 months ago
All quotes from:
California sells $5 billion in short-term bonds
  1. We went into this estimating our total needs would be $7 billion. That's our current number
    SOURCE: Sacramento Bee 14 months ago
  2. The success of this deal far surpassed all expectations
    Bill Lockyer – Bill Lockyer SOURCE: Sacramento Bee 14 months ago
  3. Who knows what the future will bring?
    SOURCE: Sacramento Bee 14 months ago
  4. so we have to have a middle man. That's standard procedure.
    SOURCE: Sacramento Bee 14 months ago
  5. Why pay a broker? ... There's no fee with U.S. savings bonds, and I can buy those online.
    – Mike Garcia SOURCE: Sacramento Bee 14 months ago

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