Pa. School District Probed Over Derivative Deals

Pennsylvania’s auditor general has launched an investigation into complex derivative deals involving the Bethlehem (Pa.) Area School District.

  • 07 Jul 2009
Pennsylvania’s auditor general has launched an investigation into complex derivative deals involving the Bethlehem (Pa.) Area School District. In a letter to the district’s superintendent, Auditor General Jack Wagner said the investigation will focus on how the use of swaps and other derivatives that are designed to manage ...

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