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Message
re: Louisiana Bond Commission votes to ban Citi and BoA from state Muni bond issue
Posted on 8/17/18 at 10:33 am to slackster
Posted on 8/17/18 at 10:33 am to slackster
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.
Posted on 8/17/18 at 10:41 am to lsu13lsu
quote:
There are other underwriters who will do just as good of a job or better.
If other underwriters did just as good of a job or better, Citi and BoA wouldn't be #1 and #2 across the country.
The bond commission isn't excluding them because they're bad a their job. They're excluding them because they don't like their political stance.
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