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Auction-rate securities
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AUCTION-RATE SECURITIES are debts that mature 10, 15 or 20 years in the future, but which change hands frequently -- as often as every seven, 28 or 35 days. The interest rates on the securities change with each auction. Lately, bidders have been scarce or nonexistent for some of these auctions, drastically deflating the value of the securities.
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Blog: Patent Pending
Wisconsin kicks our butt
Yee gads! We already know that Wisconsin has superior angel tax credits than Minnesota (and by superior, I mean it actually HAS them) but this is getting ridiculous. It would be perfectly understandable if the Badger State wanted to sit on its laurels and count the Minnesota startups fleeing to Madison or Hudson. Instead, as Minnesota [...]
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