On Thu, Jul 2, 2009 at 12:43 PM, Jim Devine<[email protected]> wrote:
> Seth Sandronsky wrote:
>> ... CA has begun issuing IOUs instead of cash to some of its
>> vendors.
>
> I wonder how much banks and other financiers will discount those IOUs.
>
> --
> Jim Devine

I guess the Gubinator has finally made the Gatlin Brothers' song
finally come true:

"All the gold in California is in a bank in the middle of Beverly
Hills In somebody else's name"
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