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re: Louisiana Bond Commission votes to ban Citi and BoA from state Muni bond issue

Posted on 8/17/18 at 10:09 am to
Posted by slackster
Houston
Member since Mar 2009
85139 posts
Posted on 8/17/18 at 10:09 am to
quote:

"Citi adopted this policy because we believe it is a positive and balanced step to promote gun safety without undermining free markets or Second Amendment rights," spokesman Scott Helfman said in an emailed statement. "It is disappointing that the taxpayers of Louisiana will be deprived from competitive bidding for necessary public works because the process has been politicized."


LA is excluding the two largest muni bond underwriters in the US, which is a dumb move, but let's not act like they were the first one to politicize it.
Posted by lsu13lsu
Member since Jan 2008
11489 posts
Posted on 8/17/18 at 10:33 am to
quote:

LA is excluding the two largest muni bond underwriters in the US, which is a dumb move,


There are other underwriters who will do just as good of a job or better.
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