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#P027 The Name is Bond, Muni Bond
Season 2
Episode 25
Published 10 months, 2 weeks ago
Description
Continuing the thread from last week of public project financing, Peter dives further into the world of how cities and special-purpose governments utilize municipal bonds. Using city aquariums as case studies, he illustrates how failing projects often shift financial burdens to taxpayers, creating a "moral hazard."
Episode music: The Brotherhood by Soundroll
License code: CL5IGZPFZ8K6AK1B