Wall Street Firms Make $1 Billion, Charging Higher Fees For Obama’s ‘Build America’ Bonds

Wall Street firms have received fees exceeding $1 billion in less than a year selling “Build America Bonds” meant to spur jobs in struggling cities, often charging municipalities higher costs than for traditional bond deals.

Read more: Goldman Sachs, Economic Stimulus Package, Build America Bonds, Bonds, Economy, Fixed Income, Obama Administration, Financial Crisis, Stimulus, Recession, Business News

The Source Article

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

To comment, click below to log in.