Usually muni bond-sales entail <2% in fees. This was almost 16%.
One suspects that there will be indictments following in a few years.
Doesn't take much imagination to hear a choo-choo whistle coming up at high speed, either.
Wisconsin native, conservative critic of everything. "Once abolish the God, and the government becomes the God." ---G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "Fallacies do not cease to be fallacies because they become fashions" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling