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How investment banks cash in on school construction

August 26, 2016

Story by Paul Perry, on a website with a motto "In Data We Trust," includes "...There isn't a public institution in the country that touches the lives of more Americans. ... It's inefficient because you're asking every local school board in the country to borrow millions of dollars to construct or renovate school buildings. Inevitably, when a tiny school board works with financial firms to borrow money, they get fleeced. ..."

Read the full article on: Priceonomics

 
 
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